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805 S Cedar Avenue, Owatonna, MN 55060

$399,900
MLS# 7106242
  • 805 S Cedar Avenue, Owatonna, MN 55060 Main Photo

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STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Phelps Add
SCHOOL: Owatonna

Property Description

Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates includenew flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system.6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.

805 S Cedar Avenue | MLS# 7106242

This commercial property located at 805 S Cedar Avenue, Owatonna, MN 55060 is currently listed for sale with an asking price of $399,900. S Cedar Avenue is located within the Owatonna school district. Search Owatonna real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 0.30 Acres
Taxes: $5,474
Year Built: 1896

Feature Descriptions

Current Use: Residential
Days on Site: 70
Foundation Size: 1057
Lot Dimensions: common
Parcel#: 171010802
Parking: Detached Garage
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 6
Utilities: None Available
Water: City Water - In Street

Local Schools

School District: Owatonna

Listed By / Shown By

Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-226-7700

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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