$343,000
$359,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 05/30/2025
Key Details
Sold Price $343,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Phelps Add
MLS Listing ID 6653271
Sold Date 05/30/25
Year Built 1893
Annual Tax Amount $3,704
Tax Year 2024
Contingent None
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 82.30 x 74
Property Sub-Type Apartment
Property Description
Income-Producing 7 unit property in the Heart of Owatonna!
Discover this exceptional cash-flow-generating property perfectly situated in the vibrant heart of Owatonna. Boasting historic charm with updates throughout, this property is an ideal investment for those seeking minimal maintenance and steady income.
Upgrades include a new roof, newer energy-efficient windows, and fresh paint throughout, ensuring long-term durability and appeal. The property's historic character shines through with unique architectural details, while thoughtful updates enhance its functionality and desirability.
Whether you're a seasoned investor or a first-time buyer, this property offers an incredible opportunity to generate income while owning a piece of Owatonna's rich history. Don't miss out on this rare find!
Contact us today for a private tour or more details.
Location
State MN
County Steele
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Cooling Window Unit(s)
Fireplace No
Appliance Cooktop, Freezer, Gas Water Heater, Refrigerator
Exterior
Parking Features Gravel, Unassigned, Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Asphalt
Present Use Residential
Building
Foundation 1794
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
Schools
School District Owatonna
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375 Stageline Rd STE # 200, Hudson, WI, 54016, United States