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About This Home
This 8-bedroom, 4-bathroom single family at 605 Main Street in Tower, MN is listed for $329,900 ($74 per sqft). Built in 1982, the home offers 4,464 sqft of living space on a 0.16 acres lot.
Turn-key 4-plex in the heart of Tower, MN just one block from Lake Vermilion. Great opportunity for owner-occupants or investors. Property features four 2-bedroom, 1-bath units, all separately metered for electricity with tenants paying electric. Currently rented at $1,000/month per unit on month-to-month leases, providing immediate income with flexibility for future rent adjustments.
Strong cash-flow potential. Located in a desirable recreation area with close access to boating, fishing, snowmobile and ATV trails right out your door. Historic building with updates throughout.
Key Features
- Built in 1982
- 0.16 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,764/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
605 Main Street
Tower, MN 55790
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom single family at 605 Main Street is listed at $329,900 ($74/sqft). The estimated monthly payment is $1,430 based on 20% down at 6.5% interest.
Key features include: Built in 1982, 0.16 acre lot, 2 stories.
This property is listed by Chessica Olson and can be reached at 7632575080 or jeffanchorrealty@gmail.com.