$500,000
$500,000
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8,276 Sqft Lot
SOLD DATE : 01/07/2020
Key Details
Sold Price $500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Original Townsite Cambridge
MLS Listing ID 5327895
Sold Date 01/07/20
Year Built 1960
Annual Tax Amount $5,628
Tax Year 2019
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 66 x 125
Property Description
Great investment opportunity near downtown Cambridge. Very well maintained 7-unit apartment building; 6 one-bedroom units and 1 two-bedroom unit. Roof replaced approximately 12 yrs ago, windows 5-7 yrs ago, new water heater. Rents listed are effective Jan 1, 2020. Library across the street and a short walk to Main Street. Coin laundry in building. 8+ cap rate! Please allow 24 hours advance notice for showings.
Location
State MN
County Isanti
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Fireplace No
Appliance Range, Refrigerator
Exterior
Garage Assigned, Paved
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Asphalt
Present Use Residential
Parking Type Assigned, Paved
Building
Foundation 2856
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Cambridge-Isanti
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