For Sale For Rent
Advertise
bedrooms
bedrooms
12
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
0.14
open houses
Open Houses
-
year built
year built
1911
full baths
Full Baths
0
half baths
Half Baths
0
This property was built in 1911 with many recent improvements including a new roof in 2019 & all 6 units renovated in the last 3 years. One building features 6 two-bedroom apartments with the other building featuring one retail property, currently the laundromat is owned by the Landlord. The two-parcel offering includes ample Class IV gravel off-street parking in the rear of each respective building. Each unit is separately metered for gas and electric, making expenses relatively low for this investment. The residential building has new boilers (2025). The property has a strong rental history and is 100% occupied. The landlord has successfully renovated all units along with rent increases per year of 7%-10% since purchasing the building in 2020, making this acquisition a solid-performing asset in a growing community with little to no competition.
Location
Subdivision City Lts Of Young America
County Carver
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 6699747
Listing agent: Nishul Patel
Listing broker: Bridge Realty (952) 368-0021
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 15 2025 at 9:06 a.m. EDT
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