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Buying Ponto Lake Property Selling Ponto Lake Property Recently Sold Instant Notifications

MLS# 7065550 - 300 1st Street S Montgomery, MN 56069

Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers a rare opportunity for both investors and owner-occupants alike. The building features five residential units, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the property boasts a spacious commercial unit, ideal for a business owner or additional income stream. A detached garage adds further value and functionality for tenants or storage. Recent updates enhance both the appeal and long-term value of the property, including fresh paint and new flooring throughout two of the residential units, and a new water heater, making this a turnkey opportunity with key improvements already completed. Whether you're looking to expand your portfolio or secure a property with multiple income streams, this well-maintained building within driving distance to the twin cities offers flexibility, updates, and solid investment potential.

LPT Realty, LLC is the brokerage office representing the owner for this listing.
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The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Heartland Real Estate | Melanie Mix is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate | Melanie Mix, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/7/2026 7:39:00 AM.