Ecellent Rental Investment Property! 5 Unit Apartment Complex located on 2.82 Acres near downtown Burnsville is terrific investment opportunity! Main House ground level consists of 2BR/2BA w/hardwood floors, oil FA furnace, fireplace w/wood stove & Upper 1BR/1BA Unit has electric heat. This building has new metal roof approx. 2 yrs m/l (according to Owner). Second two-level building has three (3) 1BR/BA Units that have electric heat and metal roof. Upper unit presently is rented by person managing apartment complex for Seller and does not pay rent. Good monthly income at present and with some modernization, could realize increased revenue. Range/Refrigerator included in all units. Property has space for homesite or excellent location for additional rental units. Great located with close access to shopping, grocery, and restaurants. Limited times for showing with needed time to notify tenants (Thursday, Friday or Saturday showings with appointments)..Buy with 2.82 Acres for $347000 or will sell approx. 1.62 Acres + improvments for only $299,000. Let rental income pay for your property!
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