703 W Main St, Paynesville, 56362

REDUCED 5% Commercial - Apartments/Multi Family For Sale

$570,000

Beds
Baths
12,410Sqft
1.48Acres
1960Built
14DOM
MLS® #: 5144866
Active, 14 Days on Market

Great investment opportunity to purchase 17 units in Paynesville Minnesota. Very convenient location to the Paynesville Schools and local businesses. Property shows good cash flow and is easily transitioned to a new management team. The current manager is willing to stay on staff. One, three bedroom unit is in need of a rehab, but all other units are currently rented.

Essential Information

MLS® #: 5144866
Price: $570,000
Square Footage: 12,410
Acres: 1.48
Year Built: 1960
Type: Commercial
Sub-Type: Apartments/Multi Family
Style: Apartments/Multi Family
Status: Active

Community Information

Address: 703 W Main St
City: Paynesville
County: Stearns
State: MN
Zip Code: 56362

Amenities

Garages: Driveway - Asphalt, Unassigned

Interior

Appliances: Range, Refrigerator
Heating: Baseboard, Boiler, Hot Water, Radiant
Cooling: Window

Exterior

Exterior: Vinyl
Foundation: 8677

School Information

District: 741 - Paynesville

Additional Information

Date Listed: February 4th, 2019
Days on Market: 14
Zoning: Business/Commercial
Current Use: Commercial

Listing Details

Listing Office: Premier Real Estate Services

Financials

$/SqFt: $46

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

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Listing information last updated on February 18th, 2019 at 4:35am CST.