Excellent investment opportunity! This fully occupied 4-unit property is a landlord's dream. Each unit offers 2 bedrooms, 1 bathroom, laundry, and an attached 1-stall garage. Located on a desirable corner lot, the property is a strong performer with current leases in place. The sellers have also done the work to split the units, offering you the option to sell them off individually in the future. Whether you're looking to build your portfolio or make your money work for you, this property is a smart move in today's real estate market!
The median home value in Hoffman, MN is $190,100. This is lower than the county median home value of $193,200. The national median home value is $338,100. The average price of homes sold in Hoffman, MN is $190,100. Approximately 57.9% of Hoffman homes are owned, compared to 28.95% rented, while 13.16% are vacant. Hoffman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hoffman real estate agent to arrange a tour today!
Hoffman, Minnesota 56339 has a population of 662. Hoffman 56339 is more family-centric than the surrounding county with 32.14% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Hoffman, Minnesota 56339 is $48,333. The median household income for the surrounding county is $60,781 compared to the national median of $69,021. The median age of people living in Hoffman 56339 is 33.9 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 0.6 degrees. The average rainfall is approximately 25.9 inches per year, with 43.3 inches of snow per year.