For Sale: Caledonia MLS# 6635759
Active
$150,000
Multi-family: Apartments
Built 1939
2,880 sqft • 0.19 acres
Caledonia schools
MLS# 6635759
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Property Description
Add this to your investment portfolio. 5 apartments along with a 1 bedroom bungalow. This property is ready for your ideas for renovation! It offers immense potential for the savvy investor or experienced developer. With solid bones and prime location, this property is ready for you to renovate and unlock its maximum value. While the property does require TLC, including interior and exterior, it presents an exciting chance to create a high-demand rental asset. Located just off the main street in town, they are ideal for walking to the parks, eateries, and schools. Take a look and make this a beauty again!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$150,000
Price per sq ft:
$52
Property Type:
Multi-family
City:
Caledonia
Garage Spaces:
0
County:
Houston
Year Built:
1939
State:
MN
Property Style:
Apartments
Zip Code:
55921
Subdivision Name:
Caledonia
Interior
Finished Area:
2,880 ft2
Living Area:
2,880 ft2
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,440 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Carport
Shared Amenities:
Deck
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.19
Geolocation:
43.63541, -91.496078
Lot Dimensions:
60 x 137
Zoning:
Residential-Multi-Family
Schools
School District:
299
District Phone:
507-725-3389
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,106
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,106
Income
Annual Gross Income:
None
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.