About 605 Main Street
Fantastic investment opportunity in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.
Features of 605 Main Street
MLS® # | 6805481 |
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Price | $349,000 |
Bathrooms | 0.00 |
Square Footage | 4,467 |
Acres | 0.40 |
Year Built | 1982 |
Type | Residential Income |
Sub-Type | Quadruplex |
Style | Quadruplex |
Status | Active |
Community Information
Address | 605 Main Street |
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Subdivision | Tower |
City | Tower |
County | St. Louis |
State | MN |
Zip Code | 55790 |
Amenities
Garages | Gravel, Parking Lot |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Boiler |
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Fireplace | No |
Exterior
Roof | Age 8 Years or Less, Flat, Rubber |
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Construction | Cedar, Wood Siding |
School Information
District | St. Louis County |
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Additional Information
Days on Market | 2 |
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Zoning | Business/Commercial,Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Taxes | $1,096 |
Tax Year | 2024 |
Listing Details
Office | Z'Up North Realty, Inc. |
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