$240,000
$280,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 08/31/2022
Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6205601
Sold Date 08/31/22
Year Built 1920
Annual Tax Amount $2,622
Tax Year 2022
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 55x120
Property Description
Historic mixed use building located in downtown Dassel. This building features 7 rental units which are as follows: 3 office/professional/retail units, currently all are rented; 3 residential units- 1 studio, and 2 – 1 bedrooms; and 1 storage garage. These offer an excellent return on investment with approximately 10.75% cap rate. There is likely room for higher rents. Landlord pays all expenses.
Location
State MN
County Meeker
Zoning Business/Commercial
Rooms
Basement Partial, Stone/Rock, Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Garage On-Street Parking Only
Garage Spaces 1.0
Utilities Available Electric Common, Heating Common
Roof Type Flat
Present Use Office,Professional Service,Residential
Parking Type On-Street Parking Only
Building
Lot Description Corner Lot, Zero Lot Line
Story Two
Foundation 6414
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Dassel-Cokato
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