1111 4th Street NW Austin, MN $ 117,000
1111 4th Street NW
$ 117,000
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1111 4th Street NW

Austin, MN, 55912
$ 117,000
Bedrooms3 Baths2.0 Sq 1,790

Monthly Estimate*

$ 817

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Multi-Family Home for sale in Austin, MN

for $117,000 with 3 bedrooms and 2 full baths. This 1,790 square foot home was built in 1920 on a lot size of 0.14.

Great investment opportunity on a corner lot in northwest Austin located 1 block from Mayo Clinic Health System. Duplex upper/lower). Lower unit has 2 bedrooms, 3/4 bath, kitchen, formal dining room & living room. Upper unit has 1 bedroom, 3/4 bath, kitchen/dining & living room. Interior in both units has been recently painted. Interior needs new floor coverings and some trim. Shared laundry (no coins) in basement for both unites. All new replacement windows and exterior doors and new forced air furnace in the past 8 years. Lower unit rents for $800/mth and upper for $600/mth. Attached single car garage goes with lower unit and detached garage goes with the upper unit. Separate entrances for both units. This was originally built as a single-family home that was converted to a duplex. This property could easily be converted back to a 4-5 bedroom single-family home. Updated 100-amp electrical panel. Seller will pay up to $3,000 for new flooring allowance.

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Multi-Family Pending

Price

$ 117,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,068

Style

Duplex Up and Down

Lot Size

0.14

Year Built

1920

Town/City

Austin

County/Region

Mower

MLS | Web ID

6468428

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 2
Construction Materials Steel Siding
Year Built 1920
Electric Circuit Breakers 100 Amp Service
Tenant Pays Cable TV Grounds Care Trash Collection
Topography Level
Levels Two
Property SubType Duplex Up and Down
Tax Year 2023
Gross Income 16800
Accessibility None
County Mower
Operating Expense 8552
Insurance Expense 827
New Construction N
Property Type Residential Income
Association Amenities None
Contingency None
Subdivision Name Woodlawn Park
Directions Interstate 90 to 4th St NW. Exit South 3 blocks and the property is on the west side on the corner of 4th St NW and 11th Ave NW. OR take Oakland Ave W to 4th St north 11 blocks and the property is on
City Austin
Buyer Agent Compensation 3.00
High School District Austin
Zoning Description Residential-Single Family
Total Units 2
Street Name 4th
Land Lease Y/N N
Tax Annual Amount 2068
Electric Expense 4627
Fuel Expense 1247
Trash Expense 0
Water Sewer Expense 1131
Additional Parcels Y/N N
Days on Market 106
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block Crawl Space Partial Stone/Rock Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1790
Street Suffix Street
Below Grade Finished Area 0
Foundation Dimensions 12x29
Fuel Natural Gas
Garage Dimensions 12x20
Garage Door Width 7
Garage Square Feet 420
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Exterior
Fencing None
Parking Features Attached Garage Detached Gravel Concrete
Lot Features Corner Lot Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.14
Lot Dimensions 44x135
Lot Size Units Acres
Foundation Area 348
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1111
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* Excluded Features
List By
Better Homes And Gardens Real Estate First Choice

Broker

larrydjake@yahoo.com

Email

Affordability Calculator

$990
Per Month
83%
17%
0%
Monthly Principal & Interest
$817
Monthly Property Taxes
$172
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2005183 Elementary School
2005182 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$117,000 -4.10% Price Down
12/13/2023$122,000 Listed Price

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1111 4th Street NW, Austin, MN, 55912 is a Multi-Family Home for sale at $117,000 with 1,790 sqft and a lot size of 0.14. 1111 4th Street NW has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 55912 which is in Austin, MN