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Listing Details
- $179,900
- MLS# 7065137
- Type Commercial - Office
- Status Active
Listed By
Agency Name: Move it Real Estate Group/Lake
Agency Phone: 218-327-9889
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Turn-key Mixed-Use Investment Property ? 11% Cap Rate ? Fully RentedDon't miss this prime investment opportunity featuring a commercial business space with two residential apartments above, all fully rented and producing strong, consistent income. The main floor office space has been rented by the same tenant for 20+ years, adding stability to the commercial portion, while the two second floor 2 bedroom apartments provide reliable residential cashflow. With an impressive 11% capitalization rate, this mixed-use property offers the perfect blend of turn-key asset with tenants in place and cash flow from day one. Add this high-performing property...read more
Features
- Appliances: Range, Refrigerator
- Heating: Boiler
- Stories: 2.0
- Taxes: $3,460
- Water: City Water/Connected, City Water - In Street
- Year Built: 1940
Gallery
Listed By
Agency Name: Move it Real Estate Group/Lake
Agency Phone: 218-327-9889
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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