Presented By
Listed By
Agency Name: Counselor Realty Inc of Alex
Shown By
Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Property Description
Duplex investment opportunity in the heart of Alexandria! Situated on a large corner lot, this property includes a 3-car garage and solid income potential. Both units are fully leased, generating immediate cash flow?upper unit rents for $1,200/month and the main floor unit for $1,250/month, totaling $29,400 annually.Each unit offers approximately 1,440 sq. ft. of living space with functional layouts that appeal to long-term tenants. The property features vinyl siding, new roof in 2024, newer windows, and updated furnaces, along with shared laundry in the rear entry.While the property could benefit from some cosmetic updates, it presents a great opportunity for investors to build equity and increase rental income over time. Owner currently pays utilities.
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322 5th Avenue E, Alexandria, MN 56308
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$ 1,471.95 per month $1,170.40 Principal & Interest $237.42 Property Tax $64.14 Homeowner's InsuranceChange Payment Information
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322 5th Avenue E, Alexandria, MN 56308
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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322 5th Avenue E | MLS# 7060763
This multi-family property located at 322 5th Avenue E, Alexandria, MN 56308 is currently listed for sale by Counselor Realty Inc of Alex, with an asking price of $219,900. 5th Avenue E is located within the Alexandria school district. Search Alexandria real estate on mfernandez.counselorrealty.com today.