Courtesy: Z'Up North Realty, Inc.
218-827-2288
Fantastic investment opportunity in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Tower is located in Minnesota. Tower, Minnesota has a population of 438. Tower is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Tower, Minnesota is $46,875. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Tower is 47 years.
The average high temperature in July is 77.7 degrees, with an average low temperature in January of -7.2 degrees. The average rainfall is approximately 27.8 inches per year, with 62.1 inches of snow per year.
