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Property Details

328 E 4th Street
Litchfield, MN 55355

Price: $199,000

Listing # 6416568


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With 20% down, this is a terrific opportunity for a cash flowing investment property. Future upgrades would add additional property and rental value. With as little as 5% down, this is an amazing opportunity for an owner occupant who wants to live in one unit, rent out the other three, and potentially live for free. Build equity while your tenants pay off your mortgage. There are four units each of which have 1 bedroom and 1 bath. It is closer than you think: 66 miles to the heart of Minneapolis. 42 miles to St Cloud 37 miles to Buffalo 27 miles to Willmar 21 miles to Hutchinson

Basic Features:

Style Quadruplex
Type Residential Income
Year Built 1890
School District Litchfield
County Meeker
Lot Size 80x210
Acreage 0.39 acres
Lot Description Tree Coverage - Medium
Above Grade 2,832 sq ft
Number of Units 4
Tax $ / Year $2,290 / 2022
Additional Features
Roads City Street,Paved Streets
Basement Unfinished
Exterior Features Shake Siding,Wood Siding
Foundation 1416
Fuel Source Natural Gas
Handicap Access None
Heating Boiler
Roof Age Over 8 Years
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Parking Lot Concrete
Fencing None
Laundry N

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