For Sale: Oklee MLS# 6674933
Active
$308,500
Commercial: Apartments
Built 1977
0.69 acres
Red Lake Central schools
MLS# 6674933
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Property Description
Here it is - your next investment! Two buildings, each housing 4 one-bedroom units. New siding, windows, and shingles in 2015. These well-maintained units are currently tenant occupied making this a great property for your portfolio. Call today to schedule your showing!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$308,500
Property Type:
Commercial
City:
Oklee
Garage Spaces:
0
County:
Red Lake
Year Built:
1977
State:
MN
Property Style:
Apartments
Zip Code:
56742
Subdivision Name:
Okl-Golf Course Add
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
8
Air Conditioning:
Wall Unit(s)
Foundation Size:
2,928 ft2
Foundation Dimensions:
48x54, 12x28
Handicap Accessible:
No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Assigned
- Open
- Parking Lot
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.69
Geolocation:
47.835095, -95.85477
Inclusions:
Building, Land
Lot Dimensions:
200 x 150
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
2906
District Phone:
218-465-4222
Expenses
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$3,000
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,652
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,652
Income
Annual Gross Income:
$55,200
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Propane
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Nordin Realty Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.