UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision South Of Center
MLS Listing ID 6820873
Bedrooms 16
Year Built 1947
Annual Tax Amount $6,054
Tax Year 2025
Contingent None
Lot Size 8250.000 Acres
Acres 8250.0
Lot Dimensions 50x165
Property Description
Of the remaining six units, three need only minor updates to become rent-ready, one unit has been fully gutted and is ready for a complete build-out, and two require more extensive repairs. Located in a convenient downtown setting close to amenities, this property offers long-term rental demand and solid upside for an investor ready to complete the renovations.
Priced to reflect the work needed, this property is an ideal value-add opportunity.
Location
State MN
County Brown
Zoning Business/Commercial
Rooms
Basement Partial, Unfinished
Interior
Heating Baseboard, Hot Water, Other, Radiator, Steam
Cooling Wall Unit(s), Window Unit(s)
Inclusions Building, Leases
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features On-Street Parking Only, Unassigned
Utilities Available Electric Separate, Heating Common, Hot Water Separate
Roof Type Age Over 8 Years,Flat
Present Use Residential
Building
Story Two
Foundation 4750
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick,Concrete
New Construction false
Schools
School District New Ulm
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