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90 Miller Street

New York Mills, MN 56567
  • $2,200,000
  • STATUS: Contingent
  • ON SITE: 59 Days
  • ID#: 6167713
UPDATED: 174 min ago
$2,200,000
  • 0
    BEDS
  • 2.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1
    SQFT
  • $2,200,000
    $/SQFT
Type:
Commercial
Built:
2003
County:

School Ratings & Info

School District:
Listing courtesy of New Horizons Realty Of Perham.

Description

New business opportunity! 3 apartment complexes in New York Mills, totaling 34 units are ready for their next owner. The units are well maintained and have a low vacancy rate. Many of the units have private washer/dryer hookups. Security entrances, central boiler system for heating each building, wall A/C units, and garages are available for every unit. A current management team in place that is reliable and effective. Tenants are responsible for own electric. All buildings cash flow and produce appealing profits.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Jacob Olson Team | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Jacob Olson Team | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Jacob Olson Team | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-05-22T00:22:45.747.

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90 Miller Street New York Mills, MN 56567

  • Price: $2,200,000
  • Status: Contingent
  • On Site: 59 Days
  • Updated: 174 min ago
  • ID#: 6167713
0
Beds
0
Baths
0
½ Baths
2.1
Acres
1
SQFT
$2,200,000
$/SQFT
2003
Built
Neighborhood:
Park & Eagle View &White Gable
County:
Otter Tail
School District:
553 - New York Mills
Property Description
New business opportunity! 3 apartment complexes in New York Mills, totaling 34 units are ready for their next owner. The units are well maintained and have a low vacancy rate. Many of the units have private washer/dryer hookups. Security entrances, central boiler system for heating each building, wall A/C units, and garages are available for every unit. A current management team in place that is reliable and effective. Tenants are responsible for own electric. All buildings cash flow and produce appealing profits.
Exterior Features

Construction Materials Vinyl SidingBrick/Stone Foundation Area 1 Lot Size Dimensions 1 Parking Features Detached Parking Open 34 Road Frontage Type City Street Roof Asphalt Waterfront YN No

Interior Features

Amenities Unit Washer/Dryer HookupPatioDeck Appliances RangeDishwasherRefrigerator Cooling Wall Unit(S) Heating Hot WaterBoiler Refrigerator Num One Per Unit

Property Features

Accessibility Features Other Additional Parcels YN Yes Assessment Pending No Association Amenities Coin-Op Laundry Owned City Rural City Contingency Inspection Current Use Residential Electric Expense 4843 Expenses 126402.00 Foreclosure Status No Fuel Natural Gas Fuel Expense 14345 Gross Income 326100 Inclusions Business Insurance Expense 19800 Land Lease Amount 0 Lender Owned No Maintenance Expense 14400 Manager Expense 12000 Net Operating Income 199700 Postal City New York Mills Potential Short Sale No Property Sub Type Mixed Use Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 11767 Tax With Assessments 15038.00 Tax Year 2021 Trash Expense 4634 Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities Heating CommonElectric Separate Water Sewer Expense 14345 Water Source City Water/Connected Zoning Description Other

© 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of New Horizons Realty Of Perham. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Jacob Olson Team | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Jacob Olson Team | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Jacob Olson Team | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-05-22T00:22:45.747.

Click here for Digital Millennium Copyright Act
 
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The Jacob Olson Team | eXp Realty
Anoka MN, 55303
Listing courtesy of New Horizons Realty Of Perham.
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