577 7TH AVENUE

577 7th Avenue, Newport, 55055, MN

DETAILS

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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 2146 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 2146ft²

  • Basement Details: Full, Unfinished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 3

  • Construction Materials: N/A

  • Foundation Size: 1086ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water

LOT

  • Acres: N/A

  • Lot Size Dim.: 100x150

  • Longitude: 44.8609

  • Latitude: -93.0001

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $5,510

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7719758

  • Listing Brokerage: Lakes Sotheby's International Realty Agency Icon

ID: 3538203
Published: March 31, 2025
Last Update: March 31, 2025
Views: 17