Incredible Investment opportunity in this peaceful community! Own this income producing 5-Plex with ICF foundation, In-floor heat, in-unit laundry, walk-in closets, generous sized units, and attached garages. This is not your ordinary apartment complex - must see in person to appreciate!
MLS ID: 6624764
Directions: From I90 take Hwy7 exit then north on Main St. East on Maple St then North on N Pine St.
MLS #: 6624764
Listing courtesy of: Ben Olsen Realty LLC
Price: $539,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Current Use: Residential
Total Units: 5
Annual Gross Income: $58,500
Net Operating Income: $38,742
Annual Gross Expense: $19,758
Annual Electric Expense: $720
Annual Fuel Expense: $3,000
Annual Annual Expense: $1,200
Annual Water/Sewer Expense: $1,000
Tenant Pays: Cable TV, Electricity
Parking Features: Attached Garage, Finished Garage
Garage SqFt: 1000
Garage Spaces: 6
Other Parking Spaces: 8
Owner Occupied: No
Construction Materials: Vinyl Siding
AccessibilityFeatures: None
Heating: Forced Air, Radiant Floor, Zoned
Cooling: Central Air
Style: Apartment
Year Built: 2002
Foundation Area: 2,340
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate, Hot Water Common
Complex/Dev/Sub Name: Shaws Second Add
Lot Dimensions: 113x159
District: Southland
District Number: 500
District Phone: 507-582-3283
County: Mower
Tax Year: 2024
Tax Amount: $4,998
Assessment Pending: No
Taxes w/Assessments: $4,998
This listing was last updated by Ben Olsen Realty LLC on 10/29/2024 at 9:08 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 11/23/2024 4:25 am.
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