Active
  • Price cut: $5K (5/16)
    $94,900

    501 1st St N, Virginia, MN 55792

    4beds
    2baths
    1,818sqft
    : 
    Duplex Up and Down
    Built in 1904
    -- sqft lot
    $95,200 Zestimate®
    $52/sqft
    $-- HOA

    What's special

    Turnkey Duplex with Strong Cash Flow – 14.7% Cap Rate! This well-maintained property is a solid investment opportunity with excellent returns. The upper unit features a long-term tenant currently paying $860/month, with potential to increase rent for even greater cash flow. Both units are in good condition, offering clean, comfortable living spaces. The building includes a basement with storage and laundry facilities, and has proven to be very low maintenance over time. Similar 2-bedroom units in the area qualify for Section 8 rents of up to $1,100/month, providing additional income potential. A great addition to any investment portfolio!
    132 days
    on Zillow
    |
    187
    |
    13
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