About This Home
This 7-bedroom, 3-bathroom multi-family at 226 3rd Avenue S in Brownton, MN is listed for $319,900 ($90 per sqft). Built in 1930, the home offers 3,560 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1930
- 0.21 acre lot
Property Details
House Hack your way into real estate investing or expand your portfolio with this well-maintained triplex offering immediate income and future upside! Featuring two main-floor 2BR units and a remodeled 3BR lower-level apartment. The north main-floor 2BR unit is leased beginning 7/31 at $1,000/month, with tenant paying heat/gas, electric, and garbage.
Two month-to-month leases provide flexibility for a new owner to adjust rental strategy over time, maximize income potential, or transition a unit for owner occupancy. Current rents for the month to month units $1050 & $975 plus utilities. Located on a corner lot with vinyl siding, steel roof, and a 1999 garage addition featuring three dedicated stalls with shared interior access.
Tenants pay electric, garbage, and cable/internet. Conveniently located just 15 minutes south of Hutchinson with quick Hwy. 212 access to the SW Metro. Turnkey investment opportunity with immediate rental income and long-term potential!
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
226 3rd Avenue S
Brownton, MN 55312
Inc Tadsens
Property Details
Outdoor Features
Parking
Heating
Questions & Answers
This 7-bedroom, 3-bathroom multi-family at 226 3rd Avenue S is listed at $319,900 ($90/sqft). The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.21 acre lot.
This property is listed by Maria Oman and can be reached at (320) 259-4554.