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Key Details
Sold Price $495,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Town Of Foley
MLS Listing ID 6599202
Sold Date 10/18/24
Year Built 1917
Annual Tax Amount $7,838
Tax Year 2023
Contingent None
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 40x120x90x30x120
Property Description
An amazing opportunity to purchase an affordable and cash flowing 10 unit building in downtown Foley. 9 Residential units & 1 Commercial. Long Term tenants. Low rents. Tenants pay heat and electric. Landlord pays water, sewer, and trash! 8 - 2 beds , 1 - Studio, and 1 Commercial! Full & ready to cashflow. Being sold at greater than an 8.5 CAP on in-place income!
Location
State MN
County Benton
Zoning Business/Commercial,Residential-Single Family
Rooms
Basement Block
Interior
Heating Baseboard
Cooling Window Unit(s)
Fireplace No
Appliance Cooktop, Dryer, Range, Refrigerator, Washer
Exterior
Parking Features Parking Lot
Utilities Available Electric Common, Electric Separate, Heating Separate
Roof Type Flat
Present Use Commercial,Residential
Building
Foundation 4000
Sewer City Sewer - In Street
Water City Water/Connected
Structure Type Stucco,Wood Siding
Schools
School District Foley
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