MLS#6825838
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLGrand Rapids
Property Description
Turnkey Six-Plex Investment Opportunity. Fully Occupied and Well Maintained.Investor alert! This fully occupied six-unit apartment complex offers a solid, turnkey investment with a strong rental history and consistent occupancy. Each unit is clean, updated, and equipped with central air, providing comfortable living conditions that attract and retain quality tenants. The property features designated parking with individual electric hookups, a coin-operated laundry area for additional income, and a shared outdoor space with a patio and raised garden beds. This well-maintained complex operates at full capacity within a stable rental market, ideal for the seasoned investor or anyone looking to expand their portfolio with a proven, income-producing asset. Qualified buyers only.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Electric, Propane
Heating: Baseboard, Forced Air
Lot Size: 0.51 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $1,419
Year Built: 1962
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Finished
Current Use: Residential
Days on Site: 85
Foundation Size: 2256
Lot Dimensions: .51 acres
Owners Expense: See Remarks
Parcel#: 904100050
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Broadband, Cable TV, Insurance, Telephone
Units: 6
Utilities: Electric Common, Heating Common, Hot Water Common
Water: Drilled
Local Schools
School District: Grand Rapids
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER NORTHWOODS
Agency Phone: 218-326-3455
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
200 NE Hwy 1 | MLS# 6825838
This commercial property located at 200 NE Hwy 1, Effie, MN 56639 is currently listed for sale with an asking price of $244,900. NE Hwy 1 is located within the Grand Rapids school district. Search Effie real estate on www.leblancrealty.com today.