Nice 4 plex with lots of desirable ''old world charm'' located within walking distance of historic downtown Red Wing. Recent updates include boiler, water heaters, elec panels, carpet, bathrooms, roof and water softener. Excellent cash flow of about $ 21, 000 provides over 8% cap rate at list price and almost 20 percent ''cash on cash'' return with 20 percent downpayment. This is a Money Maker!
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NIELSON CONSTRUCTION & RE SERVICES, LLC
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This 5 bedroom Multi-Family home for sale is currently listed for $249,750.
Located in Red Wing, MN, 827 W 4th Street features a lot size of 6,970 Sq. Ft. and was built in 1890.
It has been on Coldwell Banker for 246 days. This listing is provided courtesy of NIELSON CONSTRUCTION & RE SERVICES, LLC.
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