MLS#7106242
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONPhelps Add
SCHOOLOwatonna
Property Description
Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates includenew flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system.6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.
Property Features
Property Type: Commercial - Business
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 0.30 Acres
Taxes: $5,474
Year Built: 1896
Feature Descriptions
Current Use: Residential
Days on Site: 80
Foundation Size: 1057
Lot Dimensions: common
Parcel#: 171010802
Parking: Detached Garage
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 6
Utilities: None Available
Water: City Water - In Street
Local Schools
School District: Owatonna
Listed By / Shown By
Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-226-7700
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
805 S Cedar Avenue | MLS# 7106242
This commercial property located at 805 S Cedar Avenue, Owatonna, MN 55060 is currently listed for sale with an asking price of $399,900. S Cedar Avenue is located within the Owatonna school district. Search Owatonna real estate on www.homesbyjoel.com today.