For more information regarding the value of a property, please contact us for a free consultation.
302 John ST S Clarissa, MN 56440
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $499,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6590220
Year Built 1985
Annual Tax Amount $4,776
Tax Year 2024
Lot Size 0.350 Acres
Property Sub-Type Apartment
Property Description
Introducing an excellent investment opportunity: this 8-unit apartment complex is a solid income generator, bringing in $56,000 in gross income annually. The complex features seven spacious two-bedroom, one-bath units and one cozy one-bedroom, one-bath unit, all separately metered for electricity. The building has been freshly power washed and is in move-in-ready condition for a new owner. Whether you're a seasoned investor or looking to start your real estate portfolio, this property offers steady income with minimal upkeep. Don't miss out on this turn-key investment!
Location
State MN
County Todd
Zoning Business/Commercial
Interior
Heating Baseboard
Cooling Window Unit(s)
Exterior
Parking Features Concrete, Unassigned
Utilities Available Heating Separate
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Cleared
Story Two
Foundation 3360
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Metal Siding
Schools
School District Eagle Valley
Read Less