605 Main ST, Tower, MN 55790 - MLS#6805481 - Chad Pederson

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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$349,000

Est. payment - /mo

4,467 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,467 sqft

Price per Sqft $78

Subdivision Tower

MLS Listing ID 6805481

Year Built 1982

Annual Tax Amount $1,096

Tax Year 2024

Contingent None

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 150x50

Property Sub-Type Quadruplex

Property Description

Fantastic investment opportunity in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.

Location

State MN

County St. Louis

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement Crawl Space

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Gravel, Parking Lot

Roof Type Age 8 Years or Less,Flat,Rubber

Building

Story Two

Foundation 2979

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Cedar,Wood Siding

New Construction false

Schools

School District St. Louis County

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Listed by Chessica Olson • Z'Up North Realty, Inc.

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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605 Main ST Tower, MN 55790

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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