1920 South 1St Street Minneapolis, MN 55454 (612) 408-3927 Contact Us
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.
Legal Disclaimer:This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.
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