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500 S 13th Street
Olivia, MN 56277

$674,900

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Listing Details

  • $674,900
  • MLS# 7018242
  • Type Commercial - Business
  • Status Pending
  • 3.820 acres
    Lot Size
  • 1993
    Year Built
  • Bird Island-Olivia-Lake Lillian
    Local Schools

Listed By

Agency Name: Lentsch Company
Agency Phone: 651-335-5464

Shown By

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

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Home Value Estimate


Description

49 total apartment units. 48 one bedroom units, one 2 bedroom unit. 4 buildings total. Three 16 unit buildings. The fourth building includes office , community room and two bedroom apartment. On linear pond to the South. Plenty of off parking. Brand new electric panels in all four buildings. Common laundry rooms in each building. Wall ACs. Close to parks and playground. Two sheds included. Possibly room on property for community gardens. *property needs updating approximately half the units are vacant. A couple+ are gutted.**Affordable housing under a Section 8 contract, that the buyers will need to get 2530 Clearance with HUD- HUD contract...read more

Features

  • Appliances: Range, Refrigerator
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Radiant
  • Stories: 2.0
  • Taxes: $3,728
  • Water: City Water/Connected
  • Year Built: 1993

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