Triplex Investment Opportunity in the Heart of Virginia, MN
Located just one block from Main Street, this triplex on 1st Street North in Virginia, Minnesota, offers
a great investment opportunity in a prime location near local businesses and amenities. The property features a lower unit with 3 bedrooms and 1 bathroom, making it ideal for immediate rental income. The 2nd floor unit boasts 3 bedrooms and 2 bathrooms but requires significant renovation before it can be rented out. Similarly, the 3rd-floor studio unit is also in need of extensive work before becoming habitable. The property includes a spacious backyard, perfect for outdoor activities or potential future
development, as well as a 2-stall garage offering convenient off-street parking. With its central
location, this triplex is within walking distance to local shops, restaurants, and more.
This property is perfect for someone looking to invest in a growing area and willing to put in some work to restore the upper units. With the right renovations, this triplex has the potential to generate strong rental income in a desirable neighborhood. Don’t miss out on this opportunity in Virginia!
Property Features
- Baseboard
- Brick/Stone
- City Sewer/Connected
- City Water/Connected
- None
Map
Courtesy of Dilia C Collazo.
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