Newport, MN 55055,577 7th AVE
Newport, MN 55055,577 7th AVE
Newport, MN 55055,577 7th AVE
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$479,900
Est. payment /mo
2,146 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,146 sqft

Price per Sqft $223

Subdivision Newport Town

MLS Listing ID 6693610

Year Built 1900

Annual Tax Amount $5,510

Tax Year 2025

Contingent None

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 100x150

Property Sub-Type Quadruplex

Property Description

Prime investment opportunity! This well-maintained fourplex features two, two-bedroom units and two, one-bedroom units, all currently occupied, making it a ready-to-go income-generating property. Each unit offers its own deck or patio, providing tenants with private outdoor space. The large lot includes two driveways and a three-car garage, offering ample parking and convenience. Additional income potential with coin-operated laundry on-site. Situated in a desirable location with easy access to highways, shopping, and amenities, this property is an excellent addition to any portfolio.

Location

State MN

County Washington

Zoning Residential-Multi-Family

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Detached, Asphalt, Garage Door Opener

Garage Spaces 3.0

Fence None

Roof Type Asphalt,Pitched

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Many Trees

Story Two

Foundation 1086

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District South Washington County


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Listed by Geoffrey Serdar • Lakes Sotheby's International Realty

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agent

Tamara Burch

+1(612) 360-3060

Agent | License ID: 40540821

Agent License ID: 40540821

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577 7th AVE