Property Description:
This is a rare, income-producing 4plex with a bonus commercial gym space—perfect for investors seeking cash flow and upside. Located in Lester Prairie, this 1890 brick build spans 5,553 sqft and includes 7 beds / 4 baths across four residential units, plus a vacant gym space ready for repositioning. Three of four units are recently turned, with rents ranging from $800 to $1,200. Shared laundry up/down, owner-paid utilities, and a mix of updated and older mechanicals (all inspected within the last 4 years, two replaced). Structural maintenance completed and passes inspection. Flat rubber roof, solid brick exterior, and long-term seller PM since 2012.