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Active NEW!
$189,900
/mo Edit
Single Family:  2 Stories
4 br • 3 ba • Built 1918
2,104 sqft • 0.76 acres
A.C.G.C. schools
MLS# 7083729
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    Property Description

    Incredible turnkey multi-family investment or owner-occupied rental! This beautifully converted property features 3 separate apartment units generating over $2, 500/month in steady, reliable cash flow. The versatile layout has a spacious 2-bedroom, 1-bathroom unit upstairs (Unit C), and two separate 1-bedroom, 1-bathroom units downstairs (Units A & B). Every unit boasts its own kitchen, bathroom, and dedicated water heater for maximum tenant convenience. Enjoy ultimate peace of mind with long-term, government-assisted tenants already in place. All units have been fully inspected and passed HRA compliance, guaranteed monthly income directly to you. Looking to house-hack? Move into the upstairs 2-bedroom unit and let the two downstairs units generate monthly income! Additional features include a massive detached 2-car garage. Could be used for owner storage or renting out to tenants for additional residual income—and a beautiful, fully fenced backyard. It could also be used as a large single-family home? This property can easily be converted back into a spacious 5-bedroom residence. Don’t miss out on this high-yield property!

    Listing

    Contingency: None
    Price per sq ft: $90
    City: Grove City
    County: Meeker
    State: MN
    Property Style: 2 Stories
    Zip Code: 56243
    Subdivision Name: T C Lawsons Sub

    Interior

    Living Area: 2,104 ft2
    Common Wall: No
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 320 ft2
    Air Conditioning: None
    Foundation Size: 1,052 ft2
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features: Detached Garage
    Pool: None

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: None
    3/4 Baths: None
    Upper Level Size Sq Ft
    Bathroom  —  — 
    Bedroom 4  —  — 
    Kitchen  —  — 
    Bedroom 3  —  — 
    Main Level Size Sq Ft
    Bathroom  —  — 
    Bathroom  —  — 
    Bedroom  —  — 
    Kitchen  —  — 
    Kitchen  —  — 
    Bedroom 2  —  — 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.76
    Geolocation: 45.151351, -94.685621
    Lot Dimensions: 64 x 106 x 91
    Zoning: Residential-Single Family

    Schools

    School District: 2396
    District Phone: 3208572271

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,752
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,752
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Beycome Brokerage Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.