a Berkshire Hathaway affiliate

$380,000

224 Main Street E, Norwood Young America


224 Main Street E Norwood Young America, MN 55397

For Sale MLS# 5334329

6,446 sq ft Commercial

Data current as of {{getLocalTime('2019-12-10T22:25:42Z')}}

Details

MLS# 5334329

Description for 224 Main Street E, Norwood Young America, MN, 55397


Well maintained 7 unit apartment building in Twin Cities Suburb of Norwood Young America. Six 2 bed units and a laundromat on an increasing 10 year lease. New roof in 2019. 100% occupied, easy to rent and well maintained with separate electric and fuel. Off street parking. Two PIDs. Listed at 10.94% cap rate.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size:

Square Feet: 6,446 sq ft

Year Built: 1911

Foundation: 6,446 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 7

Current Use: Residential,Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Carver

Days On Market: 18

HERS Score:

Construction Status: Previously Owned

School Information


District: 108 - Central

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Partial

Accessibility: Doors 36"+

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate

Other Utilities:

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Uncovered/Open

Exterior: Vinyl

Roof: Unspecified Shingle, Pitched

Lot View:

Lot Dimensions: IRR

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family,Business/Commercial

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Complex Features: Coin-op Laundry Leased

Pets Allowed: No

Association Name:

Driving Directions


Highway 212 to Norwood, North to Main Street.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

Owner Pays: Taxes,Insurance,Water/Sewer,Maintenance/Repair,Trash

Annual Income: $59,688

Ownership Type:

Tax/Property ID: 580510470

Tax Amount: $7,052

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$380,000 Original Price
$380,000 Current Price
+$0 Total Change
Date Price Change
11/21/2019 10:46 AM $380,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 224 Main Street E

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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