UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision City Lts Of Young America
MLS Listing ID 6699747
Year Built 1911
Annual Tax Amount $8,768
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Apartment
Property Description
The landlord has successfully renovated all units along with rent increases per year of 7%-10% since purchasing the building in 2020, making this acquisition a solid-performing asset in a growing community with little to no competition.
Location
State MN
County Carver
Zoning Business/Commercial
Interior
Heating Baseboard, Radiator(s)
Cooling Window Unit(s)
Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Fireplace No
Appliance Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
Exterior
Parking Features Gravel, Guest Parking, Paved
Utilities Available Electric Separate, Heating Separate
Roof Type Age 8 Years or Less
Present Use Laundromat,Residential
Building
Lot Description Corner Lot, Some Trees, Underground Utilities, Zero Lot Line
Story Two
Foundation 6800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
Schools
School District Central