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2526 Garnet Ave

$198,500

2526 Garnet Ave, Slayton, MN 56172

Active
Last Updated: 05/11/2025

6,110 sqft

Building Size

0.53 acres

Lot Area

Details:
Building Size:    6,110 sqft
Lot Area:    0.53 acres
Units:    4
Year Built:    1948
Roof:    Asphalt Shingles
GrossIncome:    $23,160
Highlights:
  • Days on Market: 1
  • Parking Features: Attached Garage, Detached Garage
  • Lot Size Dimension: 163x142
Description:

Excellent Investment Opportunity in Slayton!
This fully rented 4-plex is a strong addition to any investment portfolio. Located in the west side of Slayton close to the elementary school, this income generating property features four units with a strong history of occupancy. Three of the units offer 2 bedrooms, 1 bathroom, and a single garage stall. The fourth unit is a spacious 3-bedroom, 1.5-bath layout with the added convenience of an attached double garage. All units are heated with propane and offer laundry hook-ups in the shared basement. Recent updates include brand-new shingles on the attached garages (2024) and 5-year-old shingles on the main 4-plex structure, adding peace of mind and long-term value. Whether you're looking to expand your rental holdings or just getting started, this multi-family property delivers reliable cash flow in a stable rental market. Don’t miss your chance to own this solid income-producing asset in a great location! Call for more details!

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