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314 County Road 8
Rockville, MN 56369

$999,900

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Listing Details

  • $999,900
  • MLS# 7036914
  • Type Commercial - Business
  • Status Active
  • 1.300 acres
    Lot Size
  • 1969
    Year Built
  • Rocori
    Local Schools

Listed By

Agency Name: Central MN Realty LLC
Agency Phone: 320-363-4363

Shown By

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

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Home Value Estimate


Description

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140,000 in annual gross income on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 5 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, and nearly all...read more

Features

  • Cooling: Wall Unit(s)
  • Heating: Boiler, Hot Water
  • Stories: 2.0
  • Taxes: $13,792
  • Water: City Water/Connected
  • Year Built: 1969

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