$300,000
$330,000
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115 State ST S Waseca, MN 56093
3,484 Sqft Lot
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5686877
Sold Date 12/30/20
Year Built 1900
Annual Tax Amount $2,176
Tax Year 2020
Contingent None
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 7200
Property Description
This property has 10 total rental units. The basement is completely empty and previously featured a 2 bedroom apartment unit which could be redone to add additional monthly income. This property is 2 parcels: 113 South State St and 115 South State St. Great rental history with lots of opportunity. Apartment Specs: Unit 1: 1 bed / 1 bath+washer and dryer $575+$25 pet fee Unit 2: 2 bed/1 bath $625+$50 pet fee Unit 3: 1 bed/1 bath $565+$25 pet fee Unit 4: 2 bed/1 bath+washer and dryer $625 Unit 5: studio/1 bath $400 Unit 6: 1 bed/1 bath $480+$50 pet fee Unit 7: 1 bed/1 bath $470+$25 pet fee Unit 8: 1 bed/1 bath $475 Commercial Unit 1: 1 bathroom / seperate furnace $400 Commerical Unit 2: 1 bathromm located in hallway (Vacant and could be turned into a studio easily). Coin-operated laundry on site=About $100 per month. Monthly rent income is above $4,700 with tons of potential for more. It is professionally managed by Connect Real Estate Group. Owner is MN licensed Realtor.
Location
State MN
County Waseca
Zoning Business/Commercial
Interior
Heating Baseboard, Forced Air
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Separate, Heating Separate
Present Use Commercial
Building
Foundation 3485
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Waseca
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