Fantastic investment opportunity in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.
Active
$349,000
605 Main St, Tower, MN 55790
8beds
4baths
2,979sqft
Est.:
Quadruplex
Built in 1982
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Newer boiler systemUpgraded pex plumbingEfficient heatUpdated with newer windows
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