$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 Sub-Type Mixed Use
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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