Buy - Sell - Rent - Invest

Southern MN Home Buyers

1819 Adams Street, Suite #244
Mankato, MN 56001
 (507) 322-3045
Contact Us

Southern MN Home Buyers

1819 Adams Street, Suite #244
Mankato, MN 56001
 (507) 322-3045
Contact Us

409 Meadow Dr, Mcgregor, MN 55760

5 Bedrooms / 4 Baths / Multiple Family

Property Status:  For Sale | $289,900.00 | 



Great Cash-Flowing 4-Plex W/ Value-Add Potential!


Property Status:
For Sale | $289,900.00

Property Details:
Property Style:
Four-Plex
Year Built:
1974
Finished Sq. Ft:
3,500
Basement:
No Basement
Owner/Agent:
Owner / Agent

Discover an exceptional investment opportunity with this cash-flowing property. Situated in a prime location, this income-generating asset promises steady returns and long-term growth potential. With a strategic position and strong rental demand, this property offers a reliable stream of income. Don't miss out on this amazing investment opportunity – inquire now! -- Agent is Owner

Owner pays gas, water/sewer, lawn/snow, and electric for unit 3 only. Tenants pay electric for units 1, 2, and 4.

Rent roll is as follows: Unit 1 (1 bed, 1 bath) - $950/mo leased thru 9/30/25, Unit 2 (3 bed, 1 bath) - $1075/mo leased thru 2/28/25, Unit 3 (studio, 1 bath) - $600/mo on month to month lease, Unit 4 (1 bed, 1 bath) - $1025/mo leased thru 7/31/25. New heat pump a/c and furnace installed in unit 2, new water heater in unit 4. Units 2-4 include partial furnishings.

Link to listing info: https://idx.homespotter.com/hs_northstar/rmls/6523474?agent_id=25129057&sui=103495808



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