Fairmont, MN 56031,2600 Poetter CIR
Fairmont, MN 56031,2600 Poetter CIR
Fairmont, MN 56031,2600 Poetter CIR
37
$1,320,540
$1,300,000
1.6%
Est.Price: ?

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2.73 Acres Lot

2600 Poetter CIR Fairmont, MN 56031

Est. payment /mo
SOLD DATE : 10/30/2020

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Key Details

Sold Price $1,320,540

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Poetters 1St Add

MLS Listing ID 5634056

Sold Date 10/30/20

Year Built 2003

Annual Tax Amount $1,104

Tax Year 2020

Contingent None

Lot Size 2.730 Acres

Acres 2.73

Lot Dimensions irregular

Property Description

INVESTORS - This is your chance to increase your portfolio to the next level.
This newly listed investment opportunity in Fairmont, is a rare find in southern Minnesota.
This 4 building / 16 unit complex is in a cul de sac on the south side of Fairmont.
There are 4 units in each building with a mirror layout. Each unit consists of a main floor living space with 2 bedrooms and 1 or 2 baths. Each unit has an open layout kitchen and dining space as well as a nice living room space. Also included is a single car garage, & separate mechanicals room. Middle units have a second exterior door from the bedroom leading to their patio area.
Units are well maintained. Some will require updates due to extended tenancy periods of long term tenants. Seller has updated units between tenants whenever possible. New asphalt shingle roof for each building was installed 2019.
All units are fully rented and have a long & stable tenant occupancy history. All units have written leases in place.

Location

State MN

County Martin

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Garage Attached Garage

Garage Spaces 16.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Asphalt

Present Use Residential

Parking Type Attached Garage

Building

Story One

Foundation 5904

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Vinyl Siding

Schools

School District Fairmont Area Schools

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Listed by Karen Mussmann • EXIT Realty - Great Plains

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Nicole Biczkowski

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