About This Home
This 5-bedroom, 4-bathroom multi-family at 297 US 10 in Motley, MN is listed for $179,900 ($107 per sqft). Built in 1918, the home offers 1,674 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1918
- 0.17 acre lot
Property Details
Cash flow in the country! This fully occupied triplex in Motley offers a strong start-or addition-to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one.
There's also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250.
The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.
Monthly Cost Estimate
$962/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
297 US 10
Motley, MN 56466
1st Add
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 297 US 10 is listed at $179,900 ($107/sqft). The estimated monthly payment is $962 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1918, 0.17 acre lot. Exterior Features: Wood.
This property is listed by Michael Moe and can be reached at (763) 657-4444.