a Berkshire Hathaway affiliate

$300,000

17 8th St, Cloquet


17 8th St Cloquet, MN 55720

For Sale MLS# 6080481

Commercial

Data current as of {{getLocalTime('2019-11-18T12:25:48Z')}}

Details

MLS# 6080481

Description for 17 8th St, Cloquet, MN, 55720


Great opportunity for investor with this 12 unit apartment complex location near downtown of Cloquet. Victory Apartments are currently 100% occupancy, wait list, and cash flow positive. Recent upgrades on the exterior are wonderful- windows, roof, hot water heater, and siding make this an investors great find with little to no current outdoor maintenance forecasted. One and a two bedroom apartment and a few Efficiencies make up the units, local caretaker in place, and the basement could be transformed into storage for tenants and possible extra revenue.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.11 Acres

Square Feet:

Year Built: 1920

Foundation:

Garage: No

Stories:

Construction: Concrete Block

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 12

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Carlton

HERS Score:

Construction Status:

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Cooling: Window

Heating: Boiler, City Gas, Electric

Exterior / Lot Features


Parking Description:

Exterior: Vinyl

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 100 x 50

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


Take Cloquet Ave to 7th Street. Go South. Turn left on Avenue F. Take right onto 8th Street(one way). Apartment building on left. Signs on site.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 06-275-0080

Tax Amount: $6,026

Tax Year: 2018

HomeStead Description:

Sales History

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Schools nearby 17 8th St

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings