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406 Downtown Place, Fairmont, MN 56031

$199,900
Commercial Property MLS# 6025233 ID: 41974236
$199,900 Get Rates

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.

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Location Information near 406 Downtown Place
Offered by CHUCK OMVIG at CENTURY 21 Northland Realty

Would you like more information regarding this property?
Please call (507) 238-4796.

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Property Features for 406 Downtown Place
Status
Market Status
Available
Last Updated
August 12, 2017
Description
Property Type
Commercial Property

Appliances

  • Refrigerator
  • Range

Building Features

  • Cooling System: Wall Unit(s) A/C
  • Heating System: Forced Air
  • Roof: Asphalt
  • Heating Fuel: Oil

Exterior Features

  • Exterior Construction: Block; Stucco; Vinyl Siding
  • Parking: Assigned; Driveway

Legal/Financial

  • Taxes: 2717 (2016)

Listing Features

  • Property Type: Commercial;
  • CHUCK OMVIG
  • CENTURY 21 Northland Realty

Data Provided by:
West Central Association of Realtors (MN)

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More information about this $199,900 Commercial Property at 406 Downtown Place

This $199,900 Commercial Property at 406 Downtown Place in Fairmont, MN is presented by CHUCK OMVIG. This $199,900 Commercial Property, located in the 56031 zip code, has the following property features: Heating Fuel, Refrigerator, Roof, Heating System. This 406 Downtown Place Commercial Property, located in Martin County , is listed under MLS listing number 6025233 and has a listing price of $199,900. You can find more FAIRMONT homes for sale here.