$2,200,000
$2,200,000
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2.1 Acres Lot
SOLD DATE : 06/10/2022
Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Park & Eagle View &White Gable
MLS Listing ID 6167713
Sold Date 06/10/22
Year Built 2003
Annual Tax Amount $11,767
Tax Year 2021
Contingent None
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 1
Property Description
New business opportunity! 3 apartment complexes in New York Mills, totaling 34 units are ready for their next owner. The units are well maintained and have a low vacancy rate. Many of the units have private washer/dryer hookups. Security entrances, central boiler system for heating each building, wall A/C units, and garages are available for every unit. A current management team in place that is reliable and effective. Tenants are responsible for own electric. All buildings cash flow and produce appealing profits.
Location
State MN
County Otter Tail
Zoning Other
Interior
Heating Boiler, Hot Water
Cooling Wall Unit(s)
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Exterior
Garage Detached
Garage Spaces 34.0
Utilities Available Electric Separate, Heating Common
Roof Type Asphalt
Present Use Residential
Parking Type Detached
Building
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Vinyl Siding
Schools
School District New York Mills
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