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702 7th Street SW

Roseau, MN 56751
  • $1,799,900
  • STATUS: Active
  • ON SITE: 183 Days
  • ID#: 6448431
$1,799,900
  • 0
    BEDS
  • 2.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,032
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Reed Realty.

Description

Incredible 24 unit apartment building located in the heart of Roseau, MN. This property is walking distance to the hospital, Polaris and other thriving businesses in the community. It's currently being used for a senior assisted living facility and is fully handicap accessible but that business is not included in the sale. There are 24 units with one bed/one bath and full kitchen layouts along with many common amenities. Some of the shared amenities include a community kitchen, movie/media room, patios with raised garden beds, coin-op laundry and more. This building is in immaculate condition and well maintained over the years. With no needed improvements and many value add opportunities this can make for a one of a kind investment property. Call today to schedule a viewing and discuss future opportunities.

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IDX data © 2024 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 Odd Couple Team 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 Odd Couple Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Odd Couple Team, 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 2024-04-04T00:24:49.63.

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702 7th Street SW Roseau, MN 56751

  • Price: $1,799,900
  • Status: Active
  • On Site: 183 Days
  • ID#: 6448431
0
Beds
0
Baths
0
½ Baths
2.31
Acres
16,032
SQFT
$112
$/SQFT
2006
Built
Neighborhood:
Klemas 3rd Add
County:
Roseau
School District:
682 - Roseau
Property Description
Incredible 24 unit apartment building located in the heart of Roseau, MN. This property is walking distance to the hospital, Polaris and other thriving businesses in the community. It's currently being used for a senior assisted living facility and is fully handicap accessible but that business is not included in the sale. There are 24 units with one bed/one bath and full kitchen layouts along with many common amenities. Some of the shared amenities include a community kitchen, movie/media room, patios with raised garden beds, coin-op laundry and more. This building is in immaculate condition and well maintained over the years. With no needed improvements and many value add opportunities this can make for a one of a kind investment property. Call today to schedule a viewing and discuss future opportunities.
Exterior Features

Construction Materials Fiber Cement Foundation Area 16032 Garage Dimensions 0 Garage Square Feet 0 Levels One Lot Size Dimensions 400X340 Parking Features Parking LotPaved Parking Open 0 Roof Asphalt

Interior Features

Cooling Wall Unit(S) Heating BoilerRadiant Floor

Property Features

Accessibility Features Fully Wheelchair Additional Parcels YN No Assessment Pending No Association Amenities Coin-Op Laundry OwnedCommon GardenFire Sprinkler SystemOtherPatio Contingency None Current Use Residential Expenses 87000.0000 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Gross Income 210000 Inclusions BuildingFixture/Equipment Insurance Expense 14000 Land Lease YN No Lender Owned No Net Operating Income 123000 Operating Expense 87000 Owner Pays All UtilitiesInsuranceJanitorial ServiceGrounds CareSnow RemovalTaxesTrash CollectionWater Postal City Roseau Potential Short Sale No Property Sub Type Apartment Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 17737 Tax With Assessments 18512.0000 Tax Year 2022 Utilities Heating CommonHeating Separate Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Reed Realty: . 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 © 2024 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 Odd Couple Team 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 Odd Couple Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Odd Couple Team, 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 2024-04-04T00:24:49.63.

Click here for Digital Millennium Copyright Act
 
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The Odd Couple Team
1460 Grand Ave.
St. Paul MN, 55105
NorthstarMLS] logo Listing courtesy of Reed Realty.