Investment/Owner-Occupant Opportunity
Property Highlights
Total Units: 3
Total Bedrooms: 13
Total Bathrooms: 5+
Don't miss this exceptional investment property located in the heart of Alexandria, MN. With a combined 13 bedrooms, this triplex offers excellent rental income potential, especially catering to the high-demand student and local housing market.
The unique configuration and abundant parking (a massive 12-stall garage plus off-street spots) make this property a true standout. Investors can explore additional income streams by getting creative with the expansive building footprint and unused portions of the building.
Unit Breakdown
This building features three spacious units, providing flexible rental options:
Unit 1 (Standard): 3 Bedrooms / 1 Bathroom
Unit 2 (High-Demand): 5 Large Bedrooms / 2 Full Bathrooms
Unit 3 (High-Demand): 5 Large Bedrooms / 2 Full Bathrooms
Location, location, location! Situated in a highly desirable area of Alexandria, tenants will enjoy unparalleled convenience. Just minutes away from Alexandria Technical & Community College (ATCC), making it an ideal choice for student rentals. City Center Access: Quick and easy access to the main attractions and employment centers of Alexandria
Extra Space: Lots of extra space throughout the property provides incredible opportunities for upgrades, common area creation, or simply more tenant storage. This is more than just a multi-family unit—it's a massive income generator in a prime location. Schedule your showing today to explore the endless possibilities!
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $350,000 | $∞ | Central MN Realty LLC |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $4,286 |
Elementary School Washington Elementary | 0.2 miles away | KG - 06 | |
Learning Center Runestone Area Learning Center | 0.3 miles away | 09 - 12 | |
Middle School Runestone Middle Alc (Alex) | 0.3 miles away | 07 - 08 |