801 Sprague StCaledonia, MN 55921

This exceptional investment opportunity consists of a six-unit multifamily property located at 801-803-805 Sprague St N, Caledonia, MN 55921. The property, built in 1984, comprises three separate one-story buildings situated on a 0.85-acre lot. Each building houses two units, totaling 5,304 square feet. The property is zoned for multifamily use and offers a strong rental income stream. Each of the six units features two bedrooms, one bathroom, a storage room, and a one-car garage. The asking price is $690,000, translating to $115,000 per unit and $130.09 per square foot. This represents a compelling price-per-unit in a desirable location, promising both immediate returns and long-term growth potential. The property's excellent condition and consistent rental history make it an attractive addition to any investment portfolio. One parking space is provided per unit. This well-maintained property offers a rare opportunity to acquire a stable and profitable multifamily investment in Caledonia, Minnesota.