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7-Unit Apartment Building

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  • This well maintained, 7-unit apartment building is located a couple blocks from downtown Wanamingo.
  • 6 units are 2 bedroom and 1 bath, 1 unit is 1 bedroom and 1 bath
  • Recently updated boiler system and a laundry room conveniently located on site
  • There are separate electric meters for each unit and tenants currently pay for electricity, cable, and internet.
  • Gas, water, and sewer are currently included in rent.
  • Projected NOI is $29,610
  • Local industrial base provides a good tenant pool.
  • This is an excellent opportunity to add a manageable, multi-family property to your portfolio!
Address

520 High Avenue
Wanamingo, Minnesota 55983
United States
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Price

$399,000

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