MN
Steele
Owatonna
55060
416 S Oak Avenue
416 S Oak Avenue, Owatonna, MN 55060
Listing Type
Multi Family
Listing Status
active
28
$198,000

Home Details for 416 S Oak Avenue

Price
$198,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
2538
Year built
1885
Lot size acres
0.25
County
Steele
Garage
3
Basement
Full, Storage Space, Unfinished
Days on site
6
MLS Listing#
6678627
Listing Courtesy: Berkshire Hathaway Advantage Real Estate - 507-451-7355
Property Description

Income-Producing Property in the Heart of Owatonna! A Historic Gem with Recent Upgrades! Located in the heart of Owatonna, this charming income-producing property offers an exceptional opportunity for investors or first-time buyers. Blending historic character with modern updates, this property is ready to deliver steady income with minimal maintenance. The main floor unit has been thoughtfully updated, featuring a new roof (2022), energy-efficient windows (2023), brand new HVAC, fresh paint, and spacious bedrooms with daylight windows, ensuring long-term durability and appeal. The property also includes central air, and a brand-new deck (2024) adding to the comfort of tenants. The historic architecture shines through with unique details that lend the property its timeless charm. The upstairs unit can be rented as-is or remodeled to increase income potential, offering flexibility for the new owner. With an excellent rent history and a prime location, this is an investment opportunity you won't want to miss. Own a piece of Owatonna's rich history while generating reliable income! Contact us today for a private tour or more details!

Property Features
  • Parking
    • Detached
    • Gravel
    • Concrete
    • Shared Driveway
  • Basement
    • Full
    • Storage Space
    • Unfinished
  • Heating Information
    • Natural Gas
    • Other
  • Water Features
    • Public
NorthstarMLS logo Based on information submitted to the MLS GRID as of 2025-03-05 20:30:22. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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EXIT REALTY SPRINGSIDE
7876 Hudson Road, Suite 10, Woodbury, MN 55125
Office
866 709 7770
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