605 Main Street, Tower, MN 55790
Local realty services provided by:ERA Prospera Real Estate
605 Main Street,Tower, MN 55790
$329,900
- 8 Beds
- 4 Baths
- 4,464 sq. ft.
- Multi-family
- Active
Listed by: chessica l olson
Office: anchor realty
MLS#:7046763
Source:NSMLS
Price summary
- Price:$329,900
- Price per sq. ft.:$73.9
About this home
Turn-key 4-plex in the heart of Tower, MN just one block from Lake Vermilion. Great opportunity for owner-occupants or investors. Property features four 2-bedroom, 1-bath units, all separately metered for electricity with tenants paying electric.
Currently rented at $1,000/month per unit on month-to-month leases, providing immediate income with flexibility for future rent adjustments. Strong cash-flow potential.
Located in a desirable recreation area with close access to boating, fishing, snowmobile and ATV trails right out your door. Historic building with updates throughout.
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Home facts
- Year built:1982
- Listing ID #:7046763
- Added:1 day(s) ago
- Updated:April 03, 2026 at 02:03 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Basement:Yes
- Living area:4,464 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Year built:1982
- Building area:4,464 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Block
- Levels:2 Story
Utilities
- Water:City Water - In Street
- Sewer:City Sewer - In Street
Finances and disclosures
- Price:$329,900
- Price per sq. ft.:$73.9
- Tax amount:$758 (2025)
Parking
- Parking description:Gravel, Off Site, On-Street Parking Only
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