409 Meadow Dr, Mcgregor, MN 55760

Multiple Family / 5 Bedroom(s) / 4 Bath(s)

Property Status:  For Sale | $289,900.00


Property Photos


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


Property Status:
This Property is currently...
  • Status:  For Sale | $289,900.00
Property Details:
Multiple Family / 5 BR / 4 BA
Property Style:
Four-Plex
Year Built:
1974
Finished Sq Ft:
3,500
Basement:
No Basement
Owner / Agent:
Owner / Agent
Property Features:
No Property Features Listed.
Contact Info
Southern MN Home Buyers
(507) 322-3045

View on Individual's Website
Property Description:

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: idx.homespotter.com/hs_northstar/rmls/6523474?agent_id=25129057&sui=103495808



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