MLS# NST6786681 - 204 Lake Avenue E Hill City, MN 55748

Woods to Water Real Estate is the brokerage office representing the seller for this listing.

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{"NST_AboveGradeSqFtTotal":"4096","AboveGradeFinishedArea":"4096","AccessibilityFeatures":"No Stairs Internal","AdditionalParcelsDescription":"571027500,571027400","AdditionalParcelsYN":"True","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","AssociationAmenities":"Deck,Patio","Basement":"None","BasementYN":"False","BathroomsTotalInteger":"5","BedroomsTotal":"8","NST_BelowGradeSqFtTotal":"2048","BelowGradeFinishedArea":"0","CumulativeDaysOnMarket":"0","City":"Hill City","ConstructionMaterials":"Block","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Aitkin","NST_DPResource":"Yes","Directions":"Off 169 take right on Lake Ave, two blocks down on right.","DocumentsCount":"1","DocumentsChangeTimestamp":"2025-09-12T13:40:03.755Z","DaysOnMarket":"0","ElectricExpense":"0","NST_ExpectedMarketDate":"2025-09-20","FoundationArea":"4096","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric","FuelExpense":"0","NST_GarageSquareFeet":"0","GarageSpaces":"0","GrossIncome":"33133","Heating":"Baseboard","HighSchoolDistrict":"Hill City","NST_ForeclosureStatus":"No","InsuranceExpense":"0","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"46.9918130971","NST_LenderOwned":"No","Levels":"Two","ListPrice":"344900","ListingContractDate":"2025-09-11T05:00:00Z","ListingId":"NST6786681","ListingKey":"NST7800651","LivingArea":"4096","LockBoxType":"Combo","Longitude":"-93.5951275655","LotSizeArea":"0.56","LotSizeDimensions":"175x140","LotSizeUnits":"Acres","NST_MainLevelFinishedArea":"4096","MaintenanceExpense":"0","ManagerExpense":"0","NST_RefrigeratorNum":"Four","NumberOfUnitsTotal":"4","OperatingExpense":"0","OriginalEntryTimestamp":"2025-09-20T00:00:05Z","OtherExpense":"0","NST_OwnerOccupied":"No","OwnerPays":"Insurance,Grounds Care,Repairs,Snow Removal,Taxes,Trash Collection","ParcelNumber":"571027200","NST_SchoolDistrictNumber":"959","ParkingFeatures":"Gravel","PhotosCount":"1","PhotosChangeTimestamp":"2025-09-13T02:05:05.397Z","PostalCity":"Hill City","PostalCode":"55748","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertySubType":"Quadruplex","PropertyType":"Residential Income","PublicRemarks":"Seize this rare opportunity to own a fully occupied 4-plex in Hill City, MN, delivering $33,133 in current annual gross rental income with immediate upside potential. Priced at $365,000, this turnkey property offers a blend of stability, recent updates, and future income growth for savvy investors.\n\nEach spacious unit features 2 bedrooms and 1 bath (one unit includes 2 baths), averaging 1,000 sq ft per unit. With long-term tenants in place and one unit currently renting at $600 while others achieve up to $900, there is built-in opportunity for rent increases to boost returns.\n\nKey updates provide peace of mind for investors:\n\nAll units feature new water heaters\n\nNew water softener serving all units\n\nFresh paint, carpet, and flooring in Units 1 & 3\n\nUpdated electrical in Units 1 & 3\n\nEvery unit equipped with a washer & dryer hook up\n\nTenants pay their own electric, cable, and internet, while the landlord covers city water/sewer, lawn care, snow removal, garbage, exterior maintenance, and insurance — keeping property management simple and predictable.\n\nThe property sits in a prime Hill City location just 2 blocks from Hwy 169, one block from Hill Lake, and ½ mile from Hill City High School, ensuring consistent tenant demand and long-term value growth.\n\nWhether you're looking to add stable cash flow to your portfolio or seeking a turnkey property with built-in rent growth, this 4-plex checks all the boxes.","PublicSurveyRange":"26","PublicSurveySection":"14","PublicSurveyTownship":"52","RoadFrontageType":"City Street","RoadResponsibility":"Public Maintained Road","Roof":"Age Over 8 Years,Asphalt","NST_SchoolDistrictPhone":"2186972394","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"E","StreetName":"Lake","StreetNumber":"204","StreetNumberNumeric":"204","StreetSuffix":"Avenue","SubdivisionName":"Bucks Add","TaxAnnualAmount":"2868","NST_TaxWithAssessments":"2868","TaxYear":"2025","TenantPays":"Cable TV,Electricity,Heat","BuildingAreaTotal":"6144","Township":"Hill City","TrashExpense":"1777.92","VideosCount":"0","WaterSewerExpense":"3449.41","WaterSource":"City Water/Connected","YearBuilt":"1985","ZoningDescription":"Residential-Multi-Family","ListAgentKey":"NST98183","ListAgentMlsId":"NST500502109","ListOfficeMlsId":"NST26621","ListOfficeName":"Woods to Water Real Estate","ListOfficeKey":"NST26621","ModificationTimestamp":"2026-03-02T14:19:33.561Z","OriginatingSystemName":"northstar","Media":"[{\"LongDescription\":\"front elevation\",\"ResourceRecordKey\":\"NST7800651\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"ImageWidth\":1024,\"ImageHeight\":768,\"ImageSizeDescription\":\"1024x768\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7800651/f3e97554-febe-4d75-a9f2-20fe8fc634a8.jpeg\",\"MediaModificationTimestamp\":\"2025-09-12T13:39:34.541Z\",\"MediaKey\":\"68c42296c9b0d00aa07dfc17\"}]","Media__LongDescription":"front elevation","Media__ResourceRecordKey":"NST7800651","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ImageWidth":"1024","Media__ImageHeight":"768","Media__ImageSizeDescription":"1024x768","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7800651/f3e97554-febe-4d75-a9f2-20fe8fc634a8.jpeg","Media__MediaModificationTimestamp":"9/12/2025 1:39:34 PM","Media__MediaKey":"68c42296c9b0d00aa07dfc17","UnitTypes":"[{\"NST_UnitCoolSystem\":[\"Wall\"],\"NST_DiningRoomRoomDescription\":[\"Informal Dining Room\"],\"NST_UnitFurnished\":\"Unfurnished\",\"UnitTypeBathsTotal\":1,\"NST_UnitAppl\":[\"Water Heater - Electric\",\"Microwave\",\"Range\",\"Refrigerator\"],\"NST_BathDescription\":[\"Main Floor Full Bath\"],\"UnitTypeBedsTotal\":2,\"UnitTypeUnitsTotal\":3,\"NST_UnitRoomsTotal\":6,\"NST_UnitID\":1,\"UnitTypeTotalRent\":950,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"Y\",\"NST_UnitSqFt\":1024,\"NST_UnitAmenities\":[\"Deck\",\"Patio\"],\"UnitTypeKey\":\"NST155834\"},{\"NST_UnitCoolSystem\":[\"Wall\"],\"NST_DiningRoomRoomDescription\":[\"Informal Dining Room\"],\"UnitTypeBathsTotal\":2,\"NST_UnitAppl\":[\"Water Heater - Electric\",\"Microwave\",\"Range\",\"Refrigerator\"],\"NST_BathDescription\":[\"Main Floor 1/2 Bath\",\"Main Floor Full Bath\"],\"NST_UnitBathHalf\":1,\"UnitTypeBedsTotal\":2,\"UnitTypeUnitsTotal\":1,\"NST_UnitRoomsTotal\":6,\"NST_UnitID\":2,\"UnitTypeTotalRent\":600,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"Y\",\"NST_UnitSqFt\":1024,\"NST_UnitAmenities\":[\"Deck\"],\"UnitTypeKey\":\"NST155835\"}]","UnitTypes__NST_UnitCoolSystem":"Wall","UnitTypes__NST_DiningRoomRoomDescription":"Informal Dining Room","UnitTypes__NST_UnitFurnished":"Unfurnished","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__NST_UnitAppl":"Water Heater - Electric,Microwave,Range,Refrigerator","UnitTypes__NST_BathDescription":"Main Floor Full Bath","UnitTypes__UnitTypeBedsTotal":"2","UnitTypes__UnitTypeUnitsTotal":"3","UnitTypes__NST_UnitRoomsTotal":"6","UnitTypes__NST_UnitID":"1","UnitTypes__UnitTypeTotalRent":"950","UnitTypes__NST_UnitBathFull":"1","UnitTypes__NST_UnitIsLeased":"Y","UnitTypes__NST_UnitSqFt":"1024","UnitTypes__NST_UnitAmenities":"Deck,Patio","UnitTypes__UnitTypeKey":"NST155834","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"front elevation\"}]","PhotoOrder":"1","CustomVTourURL":""}