Listing

Listing Photo
Owner has put over $140,000 in improvements into the building. Building has new flat roof, new parking lot, new separate electric service for each unit, new pex and pvc plumbing. This building used to be a hotel so 6 units have separate entrances. 2 units are rent-able with a little bit of clean up and paint. 3 additional units are to drywall stage and just needs mud, tape, paint cabinets, flooring trim and fixtures to finish off units. all new plumbing on 2nd floor has been run to basement and upstairs is framed out for 6 additional units. This could be a great opportunity for a handy person who wants to live in one unit while they finish the other units. Current owners have taken it as far as they can and just needs the right buyer who sees the potential to finish it. Current owner gets 2-4 calls per month to rent units and has no problem renting for $500-$600 per unit.
Listing Details
MLS #:5334385
Price:$139,900
Class:Commercial
State:MN
County:Mille Lacs
Municipality:Onamia
School District:480 - Onamia
School District Phone:320-532-4174
Postal City:Isle (MN)
Zip:56342
Address:609 Main Street W
Latitude:46.070463
Longitude:-93.668084
Acres:0.261
Foundation Size:3060
Lot Dimensions:150x40
MLS Source:RMLS
Garage Stalls:0
Other Parking Spaces:16
Status:Active
Complex Development Subdivision:New Onamia
Tax Amount:5888
Tax With Assessments:5888
Tax Year:2019
Year Built:1930
Days On Market:20
Cumulative Days On Market:204
Property Features
Appliances:Refrigerator, Range, Microwave
Exterior:Brick/Stone, Stucco
Fuel:Natural Gas, Electric
Heating:Baseboard
Parking Characteristics:Uncovered/Open
Handicap Accessible:None
Sewer:City Sewer/Connected
Zoning:Residential-Multi-Family
Water:City Water/Connected
Is Owner An Agent:YES
Is Foreclosure:NO
Roof:Age 8 Years or Less, Rubber

Listing Photo
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Listing Photo
Financing

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