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For Sale:  Rothsay MLS# 7141896

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Active NEW!
$279,000
/mo Edit
Multi-family:  Fourplex
8 br • 8 ba • Built 1976
1,936 sqft • 0.369 acres
Rothsay schools
MLS# 7141896
763-576-8286
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    Property Description

    Investment opportunity in Rothsay! This well-maintained and updated 4-plex features four identical two-story units, each offering 2 bedrooms, 1.5 bathrooms, in-unit laundry, and a private attached single-stall garage. Three of the four units have been fully updated, and a new roof was installed in 2025, adding even more value to this multifamily property. Each unit offers a comfortable and functional layout with a spacious living room, dining area, and kitchen featuring a pass-through opening to the living room. A convenient half bath, utility closet, and private laundry complete the main level. Upstairs, you'll find a full bathroom and two generously sized bedrooms. Each unit also includes direct access to its own 12x24 attached garage, providing tenants with secure parking and additional storage. With desirable amenities, thoughtful updates, and four consistent 2-bedroom floor plans, this property is an excellent opportunity to expand your investment portfolio or step into multifamily ownership. Don't miss your chance to own this income-producing property!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $279,000
    Price per sq ft: $144
    Property Type: Multi-family
    City: Rothsay
    Garage Spaces: 4
    County: Wilkin
    Year Built: 1976
    State: MN
    Property Style: Fourplex
    Zip Code: 56579
    Subdivision Name: Melbys Add

    Interior

    Bedrooms: 8
    Bathrooms: 8
    Finished Area: 1,936 ft2
    Living Area: 1,936 ft2
    Refrigerators: Four
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 12x24
    Garage Size: 1,152 ft2
    Foundation Size: 1,936 ft2
    Foundation Dimensions: 44x44
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Ductless Mini-Split
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • In Unit
    • Laundry Closet
    • Main Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.369
    Geolocation: 46.476595, -96.284839
    Lot Dimensions: 100 x 161

    Schools

    School District: 850
    District Phone: 2188672117

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Sewer, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,878
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,914

    Income

    Annual Gross Income: $33,300

    Rent

    Annual Net Income: $18,218

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Ottertail Power

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Andrew Yaggie Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.