$425,000
$425,000
For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
9 Baths
3,340 SqFt
SOLD DATE : 09/26/2024
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Eight Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $127
Subdivision No Subdivision
MLS Listing ID 22404531
Bedrooms 14
Year Built 1976
Lot Size 0.803 Acres
Property Sub-Type Eight Plex
Property Description
Offering a well-maintained 8-plex unit in a small rural residential community. The property consists of one one-bedroom handicap accessible unit occupied by a long-term tenant, & 7 additional units with 2 bedrooms, updated bathrooms, & kitchens furnished with newer ranges and refrigerators. All apartments are equipped with newer A/C units. The majority of tenants have resided here for 2 or more years. Additionally, there is an on-site maintenance person for lawn & snow care, as well as general janitorial services. The sale includes small tools & a snow blower with a newer storage shed for onsite access. Each unit is separately metered for electric usage & paid by the tenants. The property also features 2 electric water heaters, a water softener, & water & sewer services included . Tenants are responsible for their own internet & electric expenses. Coin-operated laundry facilities are available on site. Access to high speed Internet access is available through area providers.
Location
State MN
County Other (out Of Jurisdiction)
Area Outside Mls Jurisdiction
Interior
Heating Baseboard, Electric
Cooling Window Unit
Exterior
Exterior Feature Part Brick
Roof Type Tar and Gravel
Building
Story 2
Foundation Poured
Water City Water
Schools
Elementary Schools Luverne Es
Middle Schools Luverne Ms
High Schools Luverne Hs
School District Minnesota
Others
Acceptable Financing Conventional
Listing Terms Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Bought with Edina Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "