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USAMNMillvilleTown of Millville311 Division St
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$925,000

311 Division St, Millville, MN

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees $1,000
Taxes $3,848
Days Active 89
Approx. Age 1958
MLS® Number 6683502

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Great Investment Opportunity 12 Unit Apartment building with over $400k In recent Rehab/Updates Done in the past year located just 20 minutes from Rochester and Lake City. 8 units rebuilt from the studs on up including all new wiring, new plumbing, lvp and laminate flooring throughout, updated internet, insulated between units, spray foamed exterior walls, all new kitchens, baths with exhaust fans, fixtures, hvac, wired for mini split units, flooring, lights, and exterior all new windows and siding, common areas have all been updated with paint, flooring and lighting, off street parking , 2 other units fully refinished, On site office and storage area, 2 coin op laundry areas, large flat lot located Zumbro River Valley great recreation area, fishing, tubing, atv/utv riding and hunting. This is as new a building as you can get without building new, This building has excellent rental history and provides great income stream, 9% cap rate!! Unique opportunity to pick your own tenants!! Excellent Rental History with limited Competition, Tenants enjoy the small town peaceful living. Call with any questions or to schedule your showing today.Show Description
MLS® Number6683502
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CWindow Unit(s)
Heating Fuel

Extras

Building

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