Saint Paul, MN - 1621 St.Anthony Ave - 11 UNITS - $1,199,900

PRIME LOCATION ONE BLOCK FROM THE ALLIANZ SOCCER STADIUM IN ST.PAUL, MINNESOTA. ALL BRICK EXTERIOR FEATURING ELEVEN TWO-BEDROOM, ONE-BATH UNITS. EACH UNIT HAS A SIMILAR LAYOUT WITH APPROXIMATELY 750+ SQFT. PLENTY OF OFF-STREET PARKING SPACES IN THE REAR ASPHALT SURFACED LOT. BUILDING IS IN VERY CLEAN CONDITION AND IS PROFESSIONALLY MANAGED. SECURED ENTRY BUILDING AND OFFERS RESIDENTS LOWER LEVEL SEPARATE STORAGE LOCKERS AND COIN OPERATED LAUNDRY FACILITIES. NEWER WINDOWS AND ROOF IS APPROX. 11-12 YEARS OLD. VALUE-ADD OPPORTUNITY WITH MORE ROOM TO PUSH RENTS UP IN THIS MARKET. CURRENT IN-PLACE NET OPERATING INCOME IS $75,738. CALL FOR MORE DETAILS.

Stewartville, MN - 211 Main St N - 7-UNITS MIXED-USE - $229,000

OPPORTUNITY KNOCKS WITH THIS PREMIER DOWNTOWN STEWARTVILLE, MINNESOTA LOCATION!! HISTORIC 1896 BUILT MIXED-USE FEATURING TWO LARGE MAIN FLOOR RETAIL COMMERCIAL SPACES. ONE SIDE HAS BEEN RECENTLY LEASED FOR TWO YEARS TO A JEWELRY MAKER FOR $800/MONTH. THE OTHER RETAIL SPACE WAS AN ANTIQUE STORE AND CURRENTLY VACANT. IT WOULD BE PERFECT FOR AN OWNER USER. THE SECOND FLOOR OFFERS FIVE APARTMENTS WITH TWO CURRENTLY RENTED FOR $750 & $950 A MONTH. APARTMENT UNIT MIX IS THREE 2BD, 1BA, ONE 1BD, 1BA, AND ONE STUDIO, 1BA. COIN LAUNDRY IS OWNED (ONE WASHER & ONE DRYER). ALL BRICK EXTERIOR WITH STONE WINDOW SILLS AND LARGE WINDOWS. ALL UTILITIES ARE SEPARATELY METERED WITH ALL NEW ELECTRICAL WIRING AND SERVICE PANELS DONE IN LAST 20 YEARS. THE SALE INCLUDES AN EXTRA PARCEL IN THE REAR ALLEY THAT IS 28 FEET BY 95 FEET AND HAS ROOM FOR NINE OFF-STREET PARKING SPOTS. A NEW OWNER COULD BUILD GARAGES OR STORAGE UNITS ON THIS LOT. THIS PROPERTY NEEDS A LOT OF COSMETIC WORK AND IS THE PERFECT INVESTOR VALUE-ADD OPPORTUNITY!!!

Wabasso, MN - 1173 Dewey St - 28 UNITS - $875,000

HERITAGE PRAIRIE, LOCATED IN WABASSO, MINNESOTA, IS THE NICEST & MOST WELL-MAINTAINED APARTMENT BUILDING IN A  30-MILE RADIUS. THIS  PROPERTY OFFERS INVESTORS AN OPPORTUNITY  TO  ADD VALUE THROUGH STABILIZATIPON AND LEASE RENEWALS. THE LAUNDRY ROOMS ARE UPDATED & THERE IS A COMMUNITY ROOM WITH A FULL KITCHEN! CURRENT IN PLACE CAP RATE 8%