****Multiple offers Highest and Best Due Wednesday 7/12/2023 at PM***5:00*For sale in Monticello, MN is a rare gem—a nicely designed 4-unit apartment building that's just hit the market for the first time in 25 years. Built in 1983, this property offers immense potential as a group home or a fair market rental. Each unit boasts seperate utilities (paid by tenant) 2 bedrooms, 1 bathroom, and a laundry area, providing comfortable living spaces for residents. Additionally, the convenience of an attached 1-car garage per unit adds tremendous value. With its prime location and desirable features, this property presents an excellent investment opportunity. Don't miss out on this chance to own a piece of Monticello's history.
Closed
$600,000
510-516 Wright St, Monticello, MN 55362
8beds
4baths
2,800sqft
Quadruplex
Built in 1983
-- sqft lot
$613,700 Zestimate®
$214/sqft
$1,689 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 16, 2024 at 07:04pm
Listed by:
Wade A Klick 763-227-8163,
RE/MAX Results
Bought with:
Wade A Klick
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6397419

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Features
- Basement: Finished
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 1,400
- Finished area below ground: 1,400
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
Lot
- Size: 0.30 Acres
- Dimensions: 80 x 165 x 80 x 165
Details
- Foundation area: 2448
- Parcel number: 155041001030
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Fiber Board, Frame
- Roof: Pitched
Condition
- Age of Property: 41
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Monticello
- Subdivision: Holkers Hillside Add
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Estimated market value
$613,700