Commercial - Fairmont, MN
Looking for a great investment for your hard earned money. How about 12% or better with this multi use opportunity and a cap rate of 13%.There are 7 apartments, 3 garages, and 2 retail areas that are all currently rented.6 1 BR and 1 2 br units.2 business areas3 garagesMain floor business space has a high eff. furnace. 6 apartments are heated by a high eff. boiler. Main building to the back had siding/windows/shingles installed approx. 7 years ago. Corner building has 2 high eff. furnaces for Main floor and upstairs apartment. Sewer and water for all units paid by owner.
Would you like more information regarding this property?
Please call (507) 238-4796.
Data Provided by:
West Central Association of Realtors (MN)