MLS#7037372
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONMulvaney Point Twin Homes
SCHOOLElk River
Property Description
55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 1.78 Acres
Roof Type: Age 8 Years or Less, Asphalt, Pitched
Stories: 1.0
Taxes: $30,528
Year Built: 2020
Feature Descriptions
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Basement: None
Current Use: Residential
Days on Site: 3
Foundation Size: 1442
Handicap Accessible: No Stairs External, No Stairs Internal
Lot: Tree Coverage - Medium
Lot Dimensions: 211x302x391x339
Owners Expense: Common Area Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Snow Removal, Taxes
Parcel#: 75009040105
Parking: Attached Garage, Asphalt, Insulated Garage, Paved Lot
Road Frontage: City Street, Cul De Sac, Paved Streets
Sale Includes: Building, Land, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 8
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Elk River
Listed By / Shown By
Listed By
Agency Name: Acuity Group
Agency Phone: 763-633-3535
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
11024-11038 183rd Circle Nw | MLS# 7037372
This commercial property located at 11024-11038 183rd Circle Nw, Elk River, MN 55330 is currently listed for sale with an asking price of $2,650,000. 11024-11038 183rd Circle Nw is located within the Elk River school district. Search Elk River real estate on www.leblancrealty.com today.