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Sold for $287,000 on 01/15/25
  • $287,000

    208 Chestnut Ave, Carlton, MN 55718

    5beds
    4baths
    2,320sqft
    Condominium
    Built in 1920
    -- sqft lot
    $293,100 Zestimate®
    $124/sqft
    $1,906 Estimated rent

    What's special

    Rare opportunity to own Multi Family Investment Property In Carlton MN! Located in the heart of Carlton, MN this Leased Fourplex offers a fantastic opportunity for investors looking to generate $42k+/yr in rental income. With it being well over the 1% rule, this property offers great cash flow potential and is perfect for both seasoned and first-time investors.

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 04:56pm

    Listed by:

    Kaylee Bergstrom 218-750-4362,

    Heirloom Realty, LLC,

    Neal Jacobi 715-892-6325,

    Heirloom Realty, LLC

    Bought with:

    Amy Spampinato, MN 40284359|WI 76307-94

    RE/MAX Professionals - Duluth

    Source: Lake Superior Area Realtors,MLS#: 6116532MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Natural Gas, Electric
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area, Main Level
    Features
    • Basement: N/A
    Interior area
    • Total interior livable area: 2,320 sqft
    • Finished area above ground: 2,320
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, None
    Lot
    • Size: 1,306 sqft
    • Dimensions: 56 x 25
    Details
    • Foundation area: 1400
    • Parcel number: 150101080

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Metal, Frame/Wood
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Carlton
    Services availability