16
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$349,900
Est. payment /mo
2,784 SqFt
Active
408 W Lyon AVE Lake City, MN 55041
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $125
Subdivision Lake City
MLS Listing ID 6704741
Year Built 1889
Annual Tax Amount $4,166
Tax Year 2025
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 99x77
Property Sub-Type Triplex
Property Description
Excellent Investment Opportunity – High-Producing Triplex Near Downtown! Don't miss this well-maintained and income-generating triplex just minutes from downtown and the scenic
River Walk! Featuring numerous updates throughout, this property boasts a strong rental history with
reliable, long-term tenants. Each unit has separate entrances, offering a great mix of privacy and
convenience for tenants. Whether you're an experienced investor or just getting started, this turn-key property is a fantastic addition to any portfolio.
River Walk! Featuring numerous updates throughout, this property boasts a strong rental history with
reliable, long-term tenants. Each unit has separate entrances, offering a great mix of privacy and
convenience for tenants. Whether you're an experienced investor or just getting started, this turn-key property is a fantastic addition to any portfolio.
Location
State MN
County Wabasha
Zoning Residential-Multi-Family
Rooms
Basement Block, Owner Access, Stone/Rock, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Gravel
Fence None
Roof Type Age 8 Years or Less
Building
Lot Description Some Trees
Story Two
Foundation 1392
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Lake City
Listed by Heidi Hartzell • Lakes Sotheby's International Realty
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