For Sale: Roseau MLS# 6448431
Active
$1,799,900
Commercial: Apartments
Built 2006
2.31 acres
Roseau schools
MLS# 6448431
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Property Description
Incredible 24 unit apartment building located in the heart of Roseau, MN. This property is walking distance to the hospital, Polaris and other thriving businesses in the community. It's currently being used for a senior assisted living facility and is fully handicap accessible but that business is not included in the sale. There are 24 units with one bed/one bath and full kitchen layouts along with many common amenities. Some of the shared amenities include a community kitchen, movie/media room, patios with raised garden beds, coin-op laundry and more. This building is in immaculate condition and well maintained over the years. With no needed improvements and many value add opportunities this can make for a one of a kind investment property. Call today to schedule a viewing and discuss future opportunities.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,799,900
Property Type:
Commercial
City:
Roseau
Garage Spaces:
0
County:
Roseau
Year Built:
2006
State:
MN
Property Style:
Apartments
Zip Code:
56751
Subdivision Name:
Klemas 3rd Add
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
0
Air Conditioning:
Wall Unit(s)
Foundation Size:
16,032 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
- Boiler
- Radiant Floor
Parking Features:
- Parking Lot
- Paved
Shared Amenities:
- Coin-op Laundry Owned
- Common Garden
- Fire Sprinkler System
- Other
- Patio
Exterior Material:
Fiber Cement
Roof Details:
Asphalt
Lot & Land
Acres:
2.31
Geolocation:
48.837663, -95.77166
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
400 x 340
Zoning:
Residential-Multi-Family
Schools
School District:
682
District Phone:
218-463-1471
Expenses
Annual Insurance Expense:
$14,000
Annual Gross Expense:
$87,000
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$17,737
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,512
Income
Annual Gross Income:
$210,000
Rent
Annual Net Income:
$123,000
Units
Total Units:
24
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Heating Common
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Reed Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.