105 Main Street S, Stewartville, MN 55976
sale
$1,800,000
|
Other
Courtesy Of EXP REALTY
Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located in
the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the
area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the
heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at
the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville
business district, with easy access to local amenities, including blocks away from Stewartville High School,
and just a couple of miles from Rochester International Airport.
The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units
and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the
common areas, and over half of the residential units have been updated with current ownership. They
purposefully left the remaining units to be updated to provide a value add opportunity for new owners.
Please allow 48 hours advance notice for showings. Agent is owner.
the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the
area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the
heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at
the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville
business district, with easy access to local amenities, including blocks away from Stewartville High School,
and just a couple of miles from Rochester International Airport.
The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units
and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the
common areas, and over half of the residential units have been updated with current ownership. They
purposefully left the remaining units to be updated to provide a value add opportunity for new owners.
Please allow 48 hours advance notice for showings. Agent is owner.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: SECT-34 TWP-105 RANGE-014 WOOLDRIDGE ADD ALL LOT 1 AND LOT 2 LESS S.53FT THEREOF & TH PT OF VAC ALLEY ADJ TO SD LOTS & COM AT NECOR LOT 10 TH W16.5FT TH S30FT TH SELY TO A PT ON ELY LINE SD LOT 10 TH IS 46.5FT S OF NECOR SD LOT 10 TH N AL ELY LINE SD LOT 46.5FT TO BEG & TH PT DES AS BEG 33FT W & 30FT S OF NECOR LOT 10 BLK 1 TH N 30FT TO N LN OF SD LOT 10 TH E 16 1/2FT TH S 30 FT TH SE 45 DEG TO A PT ON E LN LOT 10 46 1/2FT S OF THE NECOR LOT 10 SD PT BEING ON W BOUNDARY LN
- MLSID: 7054657
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