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Off market
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  • $277,400

    215 N Main St, Minnesota Lake, MN 56068

    --beds
    --baths
    8,640sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $277,400 Zestimate®
    $32/sqft
    $860 Estimated rent

    Home value

    $277,400

    $219,000 - $347,000

    $860/mo

    Zestimate® history
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    $860/mo

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    What's special

    Great opportunity to own an income property with 7 apt rentals, main floor retail space and a 12 unit self storage garage. Apts: 4 - 1 BR apts, upper level, $275/month; 1 - 1 BR apt, upper level, $300/month; 1 - 2 BR apt,upper level, $400/month; 1 - 2 BR apt (owners unit), main level. NG forced air heat/central AC. Seller will pay $500/month for apt and 1 garage stall with 2 yr lease to new owner. Coin operated laundry on site. Stove & Refrigerator are provided for each apartment. All units have 1 bath. Tenants pay electric, including heat & AC, and garbage. Heat & central AC are electric forced air. Each unit has an electric water heater. Main level retail space, vacant, has offices and 2 bathrooms. Heat plant is not operating for main level.. Self-Storage: 6 - 10x22 garages rent for $720/yr/unit 6 - 10x15 garages rent for $480/yr/unit Gross potential rent, w/o main level retail, will be more than $32,000 incl owners rent.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    JAMES K NESS 507-893-4803,

    HOMESTEAD REALTY, LLC,

    JUDY NESS

    Bought with:

    JAMES K NESS

    HOMESTEAD REALTY, LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 2165810MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Appliances
    • Included: Water Heater - Electric
    • Laundry: Coin Operated Owned
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 8,640 sqft
    • Finished area above ground: 8,640
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 12
    • Parking features: Asphalt, Detached
    • Garage spaces: 12
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.40 Acres
    • Dimensions: 181 x 100, 60 x 72, 31 x 32
    Details
    • Parcel number: 280040370

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Concrete Block, Poured Concrete
    • Foundation: Concrete Perimeter
    • Roof: Flat,Rubber
    Condition
    • Previously Owned
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Minnesota Lake

    Other

    Other facts
    • Listing terms: Contract
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/25/2014Sold$110,000$13/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2165810 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 56068

    Nearby schools

    GreatSchools rating
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