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Key Details
Sold Price $506,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5232480
Year Built 1955
Annual Tax Amount $2,386
Tax Year 2018
Lot Size 2.000 Acres
Property Sub-Type Mixed Use
Property Description
100% occupied, cash-flowing, opportunity in great rental market. Located 30 mins south of St Paul and 30 mins north of Rochester, the Cannon Country Apts and Self-Storage is perfectly positioned for tenants working in either location. The property has frontage on US HWY 52. The complex features 11 res rentals, 1 com rental (currently used as leasing office), and 9 storage. Lots to see here. No drive-bys. Turn-Key operation! Priced at 13% cap rate
Location
State MN
County Goodhue
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
Parking Features Gravel, Asphalt, Open
Garage Spaces 9.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less
Building
Foundation 6124
Sewer Shared Septic
Water Well
Structure Type Wood Siding
Schools
School District Cannon Falls
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Andrew Atwood
Team Leader | Owner | Broker Associate | License ID: 40626463
Team Leader | Owner | Broker Associate License ID: 40626463