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USAMNMilroy501 Euclid Ave
Ready for your next investment venture? This historic, well-maintained building in Milroy has been fully renovated to house 3 apartment units. | Image 1
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$250,000

501 Euclid Ave, Milroy, MN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $2,018
Days Active 127
Approx. Age 1902
MLS® Number 6577677

Property Address: 

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

Description

Welcome to 501 Euclid Avenue! Discover a rare opportunity to own a unique multi-family property on the main street of Milroy, conveniently located across from the local gas station and fitness center. This property spans two parcels and features four rental units, including a stunning historic brick building—originally the city's bank—now transformed into a charming apartment complex with three distinct rental units. Originally renovated starting in 2010, the building received a new foundation and a durable flat rubber membrane roof before being fully converted into rental spaces (roof has been recoated in 2023 - ready for years to come!). It includes a one-bedroom apartment, a two-bedroom apartment, and a studio-style unit, all designed with high ceilings, open living spaces, and preserved architectural details that exude historic charm. The apartment building is fully electric, powered by an updated geothermal system for efficient heating and cooling. Energy-efficient windows were custom-designed to maintain the building’s original aesthetic while enhancing comfort. Additionally, the property includes a completely renovated trailer home (2023), adding even more investment potential. The property has been well-loved and meticulously maintained. Whether you're looking for a strong investment opportunity or a piece of local history, this property is a must-see!Show Description
MLS® Number6577677
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1902
Stories
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatGeothermal
A/CWindow Unit(s)
Heating Fuel

Extras

Building, Leases

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