105 Main Street S,Stewartville, MN 55976
Stewartville, MN 55976
Description
Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located inthe Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to thearea over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in theheart of Stewartville, a growing and vibract community just south of Rochester. With the property located atthe intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartvillebusiness district, with easy access to local amenities, including blocks away from Stewartville High School,and just a couple of miles from Rochester International Airport.The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family unitsand 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of thecommon areas, and over half of the residential units have been updated with current ownership. Theypurposefully left the remaining units to be updated to provide a value add opportunity for new owners.Please allow 48 hours advance notice for showings. Agent is owner.
Details
| MLS # | 7054657 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1870 |
| Days On Site | 201 |
| Listing Provided By | eXp Realty | Mike Swenson |
Features
| Units | 26 |
|---|---|
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.16 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Boiler |
Parking
| Parking Features | Parking Lot |
|---|
Utilities
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|
Taxes
| Property | 22812 |
|---|
Area Information
| State | MN |
|---|---|
| County | Olmsted |
| City | Stewartville |
| Zip Code | 55976 |
| Community Name | Wooldridge Add |
| School District | 534 |
| High School | Stewartville |
| Listing VS Median (in Wooldridge Add) | |
Price: $1,700,000 low | high Med: $249,000 On site: 201 low | high Med: 79 | |
Market Activity 55976
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Olmsted |
| City | Stewartville |
| Zip Code | 55976 |
| Community Name | Wooldridge Add |
| School District | 534 |
| High School | Stewartville |
| Listing VS Median (in Wooldridge Add) | |
Price: $1,700,000 low | high Med: $249,000 On site: 201 low | high Med: 79 | |