309 5th Avenue NW, New Prague, MN 56071

$649,900
8
BD
4
BA
3,876
SqFt

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List Price
$649,900
MLS#
7087349
Status
ACTIVE
Type
Multifamily
Bedrooms
8
Bathrooms
4
Living Area
3,876
Acres
0.39
Subdivision
Bohnsacks Add
Year Built
1976

Property Description

Excellent investment opportunity in New Prague! This well-maintained 4-plex features four 2-bedroom, 1-bath units with strong rental history and recently renewed one-year leases, providing immediate and stable cash flow for the new owner. Each unit offers its own laundry room, deck or patio, and separately metered utilities. Major updates include newer roof, siding, and windows, helping minimize future maintenance expenses. The property also features a large parking lot and attractive outdoor living spaces for tenants. Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this turnkey investment offers reliable income and long-term potential in the growing New Prague market. Schedule your showing today!

Additional Information

School District
New Prague Area Schools
Amenities Shared
Deck, Patio
Tax Year
2026
Fuel
Electric
Lot Description
Corner Lot, Tree Coverage - Light
Sewer
City Sewer/Connected
Heating
Baseboard
Water
City Water/Connected
Basement
None
Parking
Gravel, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of South Metro Realty.

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