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120 E 13th Street
Blue Earth, MN 56013

$1,225,000

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Listing Details

  • $1,225,000
  • MLS# 7096552
  • Type Commercial - Business
  • Status Active
  • 0.960 acres
    Lot Size
  • 1979
    Year Built
  • Blue Earth Area Schools
    Local Schools

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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Home Value Estimate


Description

Village Green Apartments is a superior chance to acquire a value-add opportunity in southern Minnesota close to the Iowa border. The unit mix offers fourteen two-bedroom and ten one-bedroom all with one bathroom. The property consists of three 8-plexes and is situated on a 0.97-acre corner lot right across the street from Putnam Park with tennis courts and community swimming pool. Includes on-site coin laundry facilities in each building, newer water heaters, and plenty of off-street parking! This one has huge potential by organically raising rents to market while improving the operating expenses to quickly increase its value!Built in...read more

Features

  • Appliances: Range, Refrigerator
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Boiler
  • Stories: 2.0
  • Taxes: $19,714
  • Water: City Water/Connected
  • Year Built: 1979

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