1111 4th Street NW
Austin, MN 55912
Price: $117,000
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.
Basic Features:
| Style |
Duplex Up and Down |
| Type |
Residential Income |
| Zoning |
Residential-Single Family |
| Year Built |
1920 |
| School District |
Austin |
| County |
Mower |
| Lot Size |
44x135 |
| Acreage |
0.14 acres |
| Garage |
2 Car 12x20 |
| Lot Description |
Corner Lot,Tree Coverage - Medium |
| Above Grade |
1,790 sq ft |
| Number of Units |
2 |
| Tax $ / Year |
$2,068 / 2023 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Terrain Type |
|
| Roads |
City Street,Curbs,Paved Streets,Sidewalks,Street Lights,S... |
| Basement |
Block,Crawl Space,Partial,Stone/Rock,Unfinished |
| Driveway |
|
| Electric |
Circuit Breakers,100 Amp Service |
| Exterior Features |
Steel Siding |
| Foundation |
348.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Forced Air |
| Roof |
Age Over 8 Years,Asphalt |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Attached Garage,Detached,Gravel,Concrete |
| Exterior Construction |
|
| Fencing |
None |
| Laundry |
N |
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 Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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