Blue Earth, MN 56013,905 E 5th ST
$275,000
$282,500
2.7%
Est.Price: ?

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0.59 Acres Lot

905 E 5th ST Blue Earth, MN 56013

Est. payment /mo
SOLD DATE : 12/28/2018

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Key Details

Sold Price $275,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5017830

Sold Date 12/28/18

Year Built 1955

Annual Tax Amount $2,674

Tax Year 2017

Contingent None

Lot Size 0.590 Acres

Acres 0.59

Lot Dimensions 180x143

Property Description

Premier investment opportunity! The Oaks Apartments include 11 units. Vacancies are low. Income is steady. The cap rate is 11.69%. That includes a 5% vacancy rate. Start earning a return on your investment immediately!

Location

State MN

County Faribault

Zoning Residential-Multi-Family

Rooms

Basement Crawl Space, Partial, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Exhaust Fan, Range, Refrigerator

Exterior

Garage Open

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Age Over 8 Years,Metal,Pitched

Present Use Residential

Parking Type Open

Building

Lot Description Corner Lot, Tree Coverage - Light

Foundation 6070

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone,Metal Siding,Wood Siding

Schools

School District Blue Earth Area Schools

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Listed by Kevin Goettl • RE/MAX Results

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Nicole Biczkowski

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