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150 2nd Avenue SW, Elgin, MN 55932

Status: Sold

4 units
3,552 sq ft

$349,900

WELCOME HOME

Get to know this property.

Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvements include a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs. Situated on a desirable corner lot directly across from the school, park, and ball fields, this property offers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!

The details that matter.

General Property Information for 150 2nd Avenue SW, Elgin, MN 55932 - MLS# 7093939
Bedrooms and Bathrooms
Total Bedrooms:
8
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1979
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
Split Entry (Bi-Level)
Total SqFt:
3,552
Total Fnsh'd SqFt:
3,552
Above Ground SqFt:
1,776
Finished Above Grade:
1,776
Below Ground SqFt:
1,776
Finished Below Grade:
1,776
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,776
Approx Lot Dimensions:
82 x 150
Approx Number of Acres:
0.282
Income and Expenses
Gross Income:
$0
Total Expenses:
$0

A closer look at the location.

Take Hwy 42 into Elgin, turn West on 1st St SE, go 4 blocks turn left on 2nd Ave SW, property down on the left.

This listing has been entered by the following office: RE/MAX Advantage Plus

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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