409 Elm Ave Pending Save Request In-Person Tour Request Virtual Tour
Waverly,MN 55390
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $100
Subdivision Original Waverly
MLS Listing ID 6789416
Year Built 1928
Annual Tax Amount $3,906
Property Description
Solid investment opportunity with this 6-unit apartment building in Waverly. The property is fully rented, producing $6,700 in monthly rent, and offers a strong, stable rental history. Units are well maintained, and recent updates include a roof with warranty and tuckpointed brick exterior.
Additional features include a shared coin-operated laundry room for tenant convenience and supplemental income. Photos of all units are included in the listing, and complete financials are provided in the supplements for buyer review.
The seller also owns the neighboring duplex and a mixed-use building with one apartment and a commercial space, for a total of 10 units all next door to each other. Preference is to sell as a package, though individual sales will be considered.
Location
State MN
County Wright
Community Original Waverly
Zoning Residential-Multi-Family
Interior
Heating Baseboard,Forced Air
Flooring 4791.6
Exterior
Parking Features Gravel Lot
Utilities Available Electric Separate
Building
Foundation Concrete Block
Water City Water/Connected