224 E Main Street
Norwood Young America, MN 55397
MLS #4884808

Commercial
    $400,000
    Est. P&I payment: $1527.73/mo
    224 E Main Street, Norwood Young America, MN 55397
    • 224 E Main Street, Norwood Young America, MN 55397 Photo 1
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    Description for 224 E Main Street, 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. 100% occupied, easy to rent and well maintained with separate electric and fuel. Off street parking. Two PIDs. Two other apartment buildings are for sale as well.
    MLS #4884808
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    My Notes for MLS #4884808

    General Features

    • Current Use: Residential,​Commercial
    • Foreclosure Status: No
    • Year Built: 1911
    • Sale Includes: Building,​Fixture/Equipment,​Leases
    • Total Number of Units: 7
    • Status: Active

    Exterior Features

    • Exterior: Vinyl
    • Parking Characteristics: Uncovered/Open
    • Lot Dimensions: IRR

    Interior Features

    • Building Finished Square: 6,446
    • Handicap Accessible: Doors 36"+
    • Basement: Partial
    • Roof: Pitched,​Unspecified Shingle
    • Number of 2 Bedroom Unit: 6

    Utilities Features

    • Heating: Hot Water
    • Fuel: Natural Gas
    • Water: City Water/Connected
    • Number of Ranges: Six or More
    • Number of Refrigerators: Six or More
    • Sewer: City Sewer/Connected

    Financial Features

    • Annual Gross Expense: 14,510
    • Total Annual Expenses: 14,510
    • Tenant Expenses: Electric,​Fuel
    • Annual Net Income: 44,710
    • Tax Amount: 4,293
    • Tax With Assessments: 6,210
    • Tax Year: 2017
    • Annual Gross Income: 59,220

    Community Features

    • County: Carver
    • Municipality: Norwood Young America
    • Postal City: Norwood Young America (MN)

    School Features

    • School District: 108 - Central
    • School District Phone: 952-467-7000

    Misc Features

    • Amenities - Shared: Coin-op Laundry Leased
    • Foundation Size: 6,446
    • Zoning: Residential-Multi-Family,​Business/Commercial
    • Lender Owned: No
    • Potential Short Sale: No

    Location

     
    Street View Not Available
    Directions to 224 E Main Street, Norwood Young America, MN 55397
    Highway 212 to Norwood, North to Main Street.
    The listing information for 224 E Main Street, Norwood Young America, MN 55397 was graciously provided by our friends at the listing brokerage, Orono Realty Inc

    Get Financing for 224 E Main Street, Norwood Young America, MN 55397

    Waterstone Mortgage Corporation
    Josh Hennesy
    701 Washington Ave North Ste 525
    Minneapolis, MN 55401
    612.716.1187 Mobile
    612.234.4284 Fax
    Request Mortgage Information
    ($ or %)
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    P&I Payment $1527.73
    Request More Listing Information
    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Metro's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Metro, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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    Last Updated 11/23/2017 at 7:18pm
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