a Berkshire Hathaway affiliate

$239,000

531 S Oak Avenue, Owatonna


531 S Oak Avenue Owatonna, MN 55060

For Sale MLS# 5352506

4,569 sq ft Commercial

Data current as of {{getLocalTime('2020-01-17T19:11:08Z')}}

Details

MLS# 5352506

Description for 531 S Oak Avenue, Owatonna, MN, 55060


Great investment property with generous cash flow. Within walking distance of downtown, several businesses, parks and schools.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.19 Acres

Square Feet: 4,569 sq ft

Year Built: 1885

Foundation: 1,523 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 6

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Steele

Days On Market: 10

HERS Score:

Construction Status: Previously Owned

School Information


District: 761 - Owatonna

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Refrigerator

Flooring:

Basement: Full, Partial Finished, Concrete Block

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate,Hot Water Separate

Other Utilities:

Cooling: None

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Parking Spaces: 10

Parking Description: Uncovered/Open

Exterior: Shakes

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 64x119x64x132

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


Bridge to Oak Go South, property on East side of Street

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

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

Annual Income: $33,900

Annual Expense: $8,837

Ownership Type:

Tax/Property ID: 170161120

Tax Amount: $3,564

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$239,000 Original Price
$239,000 Current Price
+$0 Total Change
Date Price Change
1/6/2020 05:06 PM $239,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 531 S Oak Avenue

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