$265,000
$324,900
18.4%For more information regarding the value of a property, please contact us for a free consultation.
408 W Lyon AVE Lake City, MN 55041
2,784 SqFt
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $95
Subdivision Lake City
MLS Listing ID 6704741
Sold Date 09/08/25
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.
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
