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September 18, 2019

Multi-Family For Sale in Grand Rapids, Minnesota


Property # 1178421 Available $595,000.00


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http://www.land.net/view.php?v_id=1178421


   Property Information

Property Sub-TypeOther Multi-Family
Other Multi-FamilyThree apartments with retail/shop area
Property NameCommercial Building with apartments
Property Address 1312 NE 3rd Ave
Property Address 2n.a.
Property Town/CityGrand Rapids
Property CountyItasca
Property StateMinnesota
Property ZIP/Postal Code 55744
MLS #n.a.
Section/Block/Lotn.a.
Zoningn.a.
Total No. of Units3
No. Floors1
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.135
Lot Depth Ft.125
No. Parking Spaces16
Year Builtn.a.
Year Last Renovatedn.a.
Construction Typen.a.
Property Description 7,000 sq ft commercial/apartment building. 1500 sq ft shop/warehouse area, 2000 sq ft retail area plus 3 apartments, all with 12 foot ceilings. New in 1996 with wood frame steel roof, siding and interior with in-floor hea. Two 1 bedroom and one 2 bedroom apartments. Remodeling done in 2018.

Area DescriptionIn downtown Grand Rapid On 5 city lots. includes off street parking for 16+ cars. North Central Minnesota.


   Financial Information

Sales Price $$595,000.00
Gross Revenue $n.a.
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $n.a.
Cap Rate0.00%
Occupancy Rate0.00%
Price Per Unit $n.a.
Year Endingn.a.
1031 Exchange?n.a.
Financing/Termscash


   Apartment Layouts

Total 1 BR2
Avg. Mo. Rent 1 BR $n.a.
Total 2 BR1
Avg. Mo. Rent 2 BR $n.a.
Total 3 BRn.a.
Avg. Mo. Rent 3 BR $n.a.
Total 4 BRn.a.
Avg. Mo. Rent 4 BR $n.a.
Total 5 BRn.a.
Avg. Mo. Rent 5 BR $n.a.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
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