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MLS# 5685042
Built 1948
0.92 acres
Lacrescent-Hokah schools
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    Description:   Investment opportunity! Here is your chance to own 11 units in 1 great location with Mississippi River views and just blocks from the boat landing and beach. This property has multiple buildings, onsite laundry, off street parking, and several fully furnished units. Many many updates have been done over past several years including new roofs, windows, siding, and full interior remodels. This property has a great rental history and generates a consistent gross income. Tenants all pay their own electric and heat. Additional potential for other multi-use options. Sellers plan to retain the south 2 duplexes. Sellers will pay to upgrade septic system(s) to be compliant with Winona County. All dimensions are estimates only. Call today for more information.
    List Price: $669,900
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1948
    City: Dresbach Twp
    County: Winona
    State: MN
    Zip Code: 55947


    Building Fin Sq Ft: 5,400 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit


    Heating System: Forced Air, Baseboard
    Foundation Size: 4,000 ft²
    Shared Amenities: Patio, Coin-op Laundry Owned
    Handicap Accessible: No Stairs Internal
    Exterior Material: Vinyl Siding, Stucco
    Garage Spaces: 2
    Other Parking Spaces: 15
    Roof Details: Asphalt


    Acres: 0.92
    Latitude: 43.89267002
    Longitude: -91.34284002
    Lot Size Dim.: Irregular
    Zoning: Residential-Multi-Family, Business/Commercial


    School District: 300
    District Phone: 507-895-4484

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $3,610
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,666


    Annual Gross Income: $72,840


    Total Units: 11
    Number of Efficiencies: 2


    Current Use: Residential
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: Private Sewer, Tank with Drainage Field, Other
    Available Utilities: Heating Separate, Electric Separate
    Water System: Well, Private

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    Get to know our Home Mortgage Professionals

    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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    Listing provided by RMLS, courtesy of Coldwell Banker River Valley, REALTORS.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.