$275,000
$282,500
2.7%For more information regarding the value of a property, please contact us for a free consultation.
905 E 5th ST Blue Earth, MN 56013
0.59 Acres Lot
Key Details
Sold Price $275,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5017830
Sold Date 12/28/18
Year Built 1955
Annual Tax Amount $2,674
Tax Year 2017
Contingent None
Lot Size 0.590 Acres
Acres 0.59
Lot Dimensions 180x143
Property Description
Premier investment opportunity! The Oaks Apartments include 11 units. Vacancies are low. Income is steady. The cap rate is 11.69%. That includes a 5% vacancy rate. Start earning a return on your investment immediately!
Location
State MN
County Faribault
Zoning Residential-Multi-Family
Rooms
Basement Crawl Space, Partial, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Exhaust Fan, Range, Refrigerator
Exterior
Parking Features Open
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Age Over 8 Years,Metal,Pitched
Present Use Residential
Building
Lot Description Corner Lot, Tree Coverage - Light
Foundation 6070
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Metal Siding,Wood Siding
Schools
School District Blue Earth Area Schools
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