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Angie VanEman Lynch

angie@boomrealestategroup.com +1(507) 381-8961

$ 200,000

Est. payment | -/mo

3 Beds

3 Baths

1,650 SqFt

Save

$ 200,000

Est. payment | -/mo

Save

3 Beds

3 Baths

1,650 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $121

Subdivision Mn

MLS Listing ID 267041989

Style Triplex

Bedrooms 3

Full Baths 1

Construction Status Previously Owned

Abv Grd Liv Area 1,650

Annual Tax Amount $1,114

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 82x50

Property Sub-Type Multi-Family

Property Description

This fully occupied triplex presents an exceptional opportunity for both seasoned investors and buyers looking to add a high performing asset to their portfolio. The property features three spacious 1 bedroom, 1 bathroom units occupied by reliable, long term tenants who treat the home with care. Significant capital expenditures have already been taken care of, starting with major exterior and structural updates including a new concrete driveway installed in 2024, along with a freshly poured sidewalk, front steps, and a welcoming porch completed in 2026. Owners also benefit from a full basement offering extensive storage space currently used for building maintenance supplies. Each unit offers its own distinct appeal and updates. Unit 1 underwent a top to bottom remodel in 2019, featuring all new electrical, plumbing, insulation, windows, custom window blinds, cabinetry, flooring, and convenient in unit laundry. Unit 2 received a light remodel in 2022 that included brand new carpet throughout and a kitchen uplift. Unit 3 rounds out the building as a cozy, well maintained upstairs 1 bedroom apartment that provides a comfortable layout and steady return. With stable rental income in place from day one and major improvements already complete, this property delivers incredible ease of ownership. Contact us today to schedule your private showing!

Location

State MN

County Brown County

Area New Ulm/Hanska/Lafayette/Courtland

Direction N

Interior

Heating Forced Air

Exterior

Exterior Feature Stucco

Parking Features None

Garage Description None

Building

Story 1.25 - 1.75 Story

Foundation 1100

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District New Ulm #88

Others

Energy Description Natural Gas

Listed by Keller Williams Preferred Realty

Nearby Locations

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Angie VanEman Lynch

Broker Associate License ID: 40352569

angie@boomrealestategroup.com

+1(507) 381-8961

1650 Madison Ave., Ste. 101, Mankato, Minnesota 56001, USA

400 N Jefferson Street New Ulm, MN 56073

Angie VanEman Lynch

Key Details

Location

Interior

Exterior

Building

Schools

Others

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