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2526 Garnet Ave.
Slayton, MN 56172
Great Affordable Investment Property!!
Offered at $189,900
MLS Number 6023238
Status: Active
Type: Income
Bedrooms: 10
Baths: 4.5
Living Area: 3448 Square Ft.
Lot Size: 142\' X 16 Square Ft.


A quiet building located in a residential area close to the elementary school and parks. An apartment complex with a great reputation for tenants who stay and pay. A great investment!!

Legal Description: HAGEN ADDITION, LOTS 3, 4 & N1/2 OF LOT 5, BLOCK 2
Parcel: 29-310-0190
Taxes: $1998 for 2015
House Type: 4-plex, 2-story
Year Built: 1948
Lot Size: 142 X 162.5
Square Footage: 3448
School District: MCC
Exterior: Vinyl
Roof: Asphalt shingles, new in 2011
Heating System: 4 newer propane forced air furnaces
Cooling System: Apt. 2 - Central air, other 3 units have window air (window conditioners negotiable)
Well: city
Sewer: city
Electric: 100 amp breaker system
Water softener: Rented
Water heater: All 4 stay, 2 are new
Appliances: Stoves and refrigerators stay
Garage: Apt 1- 1 car detached Apt 2 - 2-car attached Apt 3 - 1 stall in double detached garage Apt 4 - 1 stall in double detached garage
Outdoor storage shed: Additional double detached garage is currently used for storage by owners
Landscaping: New rock in front; lots of mature trees
Front entry: goes to all apartments - Each has its own back entry
Laundry: Units 1 and 2 have their own. There is room in basement for units 3 and 4 laundry facilities.
Basement: full, 2 new sump pumps
Electric and cable is paid by tenants. All units are non-smoking and no pets.
Apt. 1: Main floor 2 large bedrooms, large kitchen, large living room, 1 bathroom, 1 detached single stall garage, two entries, front and back, cable and internet hookups, heat, water and garbage included in rent.
Apt. 2: Main floor 5 bedrooms, 1-1/2 bathrooms, kitchen with eating bar,dining room, large living room, central air, double attached garage, 3 entries to outside, private deck by living room, cable and internet hookups, heat paid by tenant, water and garbage included in rent. This unit has own basement with egress windows and a new family room.
Apt. 3: Upstairs 2 bedrooms, 1 bathroom, 1 detached garage stall, heat, water and garbage included in rent, cable and internet hookups, inside and outside access.
Apt. 4: Upper 2 bedrooms, 1 bathroom, 1 detached garage stall, heat, water and garbage included in rent, cable and internet hookups, inside and outside access.
Comments: This would be a great investment opportunity! Recent improvements include all new doors inside and out, 22 new windows, flooring upgrades throughout the building, finished family room and bedrooms on the lower level of Apt #2 and four new furnaces! The location is great and the tenants are reliable. It's well worth looking at....

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representations concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified.

 

 
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