About This Home

This 5-bedroom, 4-bathroom multi-family at 297 US 10 in Motley, MN is listed for $179,900 ($107 per sqft). Built in 1918, the home offers 1,674 sqft of living space on a 0.17 acres lot.

Key Features

Built in 1918
0.17 acre lot

Property Details

4 full

3-car garage

1918

Listing Description

Cash flow in the country! This fully occupied triplex in Motley offers a strong start-or addition-to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one.

There's also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250.

The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.

Monthly Cost Estimate

$962/mo

20% down · 6.5% · 30 years

Principal$130

Interest$780

Insurance$52

Estimates only. Actual payments may vary.

Location

297 US 10

Motley, MN 56466

1st Add

Property Details

Parking

Garage - Attached

Heating

Forced Air

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 297 US 10 is listed at $179,900 ($107/sqft). The estimated monthly payment is $962 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1918, 0.17 acre lot.

This property is listed by Michael Moe.

Michael Moe

Agent at Keller Williams Classic Realty Northwest

297 US 10, Motley, MN 56466

About This Home

Key Features

Property Details

Monthly Cost Estimate

Location

Property Details

Parking

Heating

Questions & Answers

Michael Moe