311 Division Street, Millville, MN 55957

$925,000

bedrooms

bathrooms

square feet

Acreage

0.739

Open Houses

year built

1958

Full Baths

Half Baths

Find out more

Great Investment Opportunity 12 Unit Apartment building with over $400k In recent Rehab/Updates Done in the past year located just 20 minutes from Rochester and Lake City. 8 units rebuilt from the studs on up including all new wiring, new plumbing, lvp and laminate flooring throughout, updated internet, insulated between units, spray foamed exterior walls, all new kitchens, baths with exhaust fans, fixtures, hvac, wired for mini split units, flooring, lights, and exterior all new windows and siding, common areas have all been updated with paint, flooring and lighting, off street parking , 2 other units fully refinished, On site office and storage area, 2 coin op laundry areas, large flat lot located Zumbro River Valley great recreation area, fishing, tubing, atv/utv riding and hunting. This is as new a building as you can get without building new, This building has excellent rental history and provides great income stream, 9% cap rate!! Unique opportunity to pick your own tenants!! Excellent Rental History with limited Competition, Tenants enjoy the small town peaceful living. Call with any questions or to schedule your showing today.

Location
Subdivision	Town Of Millville
County	Wabasha
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6683502

Listing agent: Dustin Kanz

Listing broker: Re/Max Results (952) 829-2900

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: Monday, April 14 2025 at 11:05 p.m. EDT

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