• Main Photo

224 Main Street E
Young America, MN 55397

$875,000

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Listing Details

  • $875,000
  • MLS# 6699747
  • Type Commercial - Business
  • Status Active
  • 0.140 acres
    Lot Size
  • 1911
    Year Built
  • Central
    Local Schools

Listed By

Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021

Shown By

Agent Name: Linda Schiefert
Agent Phone: (218) 790-1664
Agency Title: Town & Country Realty

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Home Value Estimate


Description

This property was built in 1911 with many recent improvements including a new roof in 2019 & all 6 units renovated in the last 3 years. One building features 6 two-bedroom apartments with the other building featuring one retail property, currently the laundromat is owned by the Landlord. The two-parcel offering includes ample Class IV gravel off-street parking in the rear of each respective building. Each unit is separately metered for gas and electric, making expenses relatively low for this investment. The residential building has new boilers (2025). The property has a strong rental history and is 100% occupied.The landlord has successfully...read more

Features

  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Radiator
  • Stories: 2.0
  • Taxes: $8,768
  • Water: City Water/Connected
  • Year Built: 1911

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