a Berkshire Hathaway affiliate

$500,000

710 Penn Street, Foley, MN 56329


$500,000

Off-Market Date: 5/6/2021

($25,000) 3/29/2021

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

710 Penn Street Foley, MN 56329

Pending MLS# 5686256

5,800 sq ft Commercial

Data current as of {{getLocalTime('2021-05-12T02:56:49Z')}}

Details

for 710 Penn Street

MLS# 5686256

Description for 710 Penn Street, Foley, MN, 56329


Great income opportunity! Now is the time to buy this 8 unit apartment building! This property is wellmaintained and updated with 4 one bedrm units and 4 two bedrm units, 2 newer garages with a total of 9garage stalls, coin op laundry and more! Great location in Foley is close to school and town. Convenientaccess to Hwy 23 and easy commute to St Cloud make this a highly desirable choice for renters.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.60 Acres

Square Feet: 5,800 sq ft

Year Built: 1972

Foundation: 2,900 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Gorecki Add

Builder:

Foundation:

Total Units: 8

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Benton

Days On Market: 170

HERS Score:

Construction Status: Previously Owned

School Information


District: 51 - Foley

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Exhaust Fan/Hood, Refrigerator

Flooring:

Basement: None

Additional Interior Features: Tiled Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Separate

Other Utilities:

Cooling: Wall

Heating: Hot Water, Boiler, Baseboard, Electric, Natural Gas

Exterior / Lot Features


Garage Spaces: 9

Parking Spaces: 10

Parking Description: Detached Garage, No Int Access to Dwelling, Driveway - Asphalt, Garage Door Height - 8, Garage Door Width - 9, Garage Sq Ft - 1320

Exterior: Brick/Stone

Roof: Pitched, Asphalt Shingles

Lot View:

Lot Dimensions: 187x100x80x162x125

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Community Amenities: Other

Security Features: Security Building

Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


Hwy 23 East on Foley to Penn St North

Financial Considerations


Other Deposit Fees:

Assessments: $80

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric

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

Annual Income: $66,000

Annual Expense: $20,000

Ownership Type:

Tax/Property ID: 130112200

Tax Amount: $6,634

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$549,000 Original Price
$500,000 Current Price
-$49,000 Total Change
Date Price Change
3/29/2021 09:48 AM $500,000 -$25,000
1/12/2021 09:09 AM $525,000 -$24,000
11/17/2020 11:43 AM $549,000

Sales History

Date Price Change
{{sales.saleDateDisplay}} {{sales.saleAmountDisplay}} {{sales.saleAmountChangeDisplay}}
Currently not available.

Tax Summary

Data provided for tax year {{salesHistoryAndTax.taxAssessment.taxYear}}

Estimated Market Value Taxable Market Value Total Tax
{{salesHistoryAndTax.taxAssessment.calculatedTotalValue}} {{salesHistoryAndTax.taxAssessment.assessedTotalValue}} {{salesHistoryAndTax.taxAssessment.taxAmount}}

Data powered by ATTOM Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed.

Schools nearby 710 Penn Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by ATTOM Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed.

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.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2021. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

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