Map
Listed price in listed location currency (USD).
$260,000

740

MLS® 7148781

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2700 sqft
Garage 
Taxes $2,482
Days Active 2
Lot Size 0.135 Acres
Approx. Age 1926
Avg. Price Per Sqft $96
MLS® Number 7148781

Property Address: 230 11th St N, Breckenridge, MN, 56520-1633

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in Breckenridge! This multi-unit property offers established rental income along with additional value-add potential. The main unit features 4 bedrooms, 2 bathrooms and two living areas, while an additional 1-bedroom, 1-bath unit provides another source of rental income. Both occupied units have seen extensive updates, including new flooring, fresh paint, plumbing improvements, updated bathrooms, heating improvements and more. The unfinished lower-level unit offers even more potential with a planned 2-bedroom, 1-bath layout. Much of the preliminary work has already been completed, including new framing and sheetrock, insulation, electrical work, plumbing access, a large egress window, new tub and a built-in electric fireplace. Once completed, this space could provide an additional rental unit and increased income potential. Numerous improvements have also been made throughout the property, including replacement of approximately 90% of the home's copper water lines, updated windows, exterior painting, refreshed decks and railings, and landscaping cleanup. The roof and fascia were updated approximately 10 years ago. With existing tenants, significant improvements already completed and an opportunity to increase rental income by finishing the lower level, this property offers an appealing combination of current cash flow and future upside. A great opportunity for an investor looking to expand their portfolio in Breckenridge!
MLS® Number7148781
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
BasementUnfinished
Driveway
Garage Spaces
HeatBoiler
A/C

Extras

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