$122,500
$194,800
37.1%For more information regarding the value of a property, please contact us for a free consultation.
406 Downtown PLZ Fairmont, MN 56031
8,276 Sqft Lot
Key Details
Sold Price $122,500
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5153118
Sold Date 09/11/18
Year Built 1940
Annual Tax Amount $3,248
Tax Year 2018
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 54x150
Property Description
Great opportunity for someone looking for an investment that offers a good cash flow. Six apartments plus a main floor commercial space. Numerous updates completed on the building including siding and windows. Property has a very good record of occupancy with seldom having a vacancy that isn't filled quickly. Check out the financials and see if it would fit your portfolio of investments.
Location
State MN
County Martin
Interior
Heating Boiler, Forced Air
Cooling Wall Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Garage Assigned, Gravel
Roof Type Asphalt,Flat,Rubber
Present Use Residential,Retail
Building
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Block,Stucco,Vinyl Siding
Schools
School District Fairmont Area Schools
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