$114,900
Hallock, MN 56728
MLS# 6246415
1 / 16
Property Description
INVESTMENT OPPORTUNITY, Hallock MN! This one is ready to roll offering 12 units in total, 8 of which are already rented. This property can offer an impressive cap rate at full capacity and is a great entry point for anyone looking to expand their portfolio. Lots of opportunity here, anyone looking to diversify or create a secondary income stream should take a look. The property received improvements over the years including : roof on main building in 2016 as well as an updated roof on one level building in 2018.
Details
Maps
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Status: Active
Current Price: $114,900
Original List Price: 119900
Contingency: None
ListPrice: 114900
List Date: 2022-08-08
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2072
For Sale or Lease: For Sale
Acres: 0.16
Lot Dimensions: 70x134
Assessment Pending: No
Location, Tax and Other Information
Legal Description: ORIG HALLOCK LOT-008 BLOCK-023 AND ORIG HALLOCK W1/2 OF LOT 9 BLK 23
Map Page: 999
Municipality: Hallock
Rental License?: No
School District Phone: 218-843-3682
Map Coordinate Source: King's Street Atlas
House Number: 206 & 208
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Hallock
County: Kittson
State: MN
Zip Code: 56728
Zip Plus 4: 236
MLS Area: Hallock
Property ID Number: 320058400
Tax Year: 2022
Tax Amount: 1572
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 1572
Directions & Remarks
Public Remarks: INVESTMENT OPPORTUNITY, Hallock MN! This one is ready to roll offering 12 units in total, 8 of which are already rented. This property can offer an impressive cap rate at full capacity and is a great entry point for anyone looking to expand their portfolio. Lots of opportunity here, anyone looking to diversify or create a secondary income stream should take a look. The property received improvements over the years including : roof on main building in 2016 as well as an updated roof on one level building in 2018.
Directions: Located on 2nd St
Building Information
Building Finished SqFt: 3764
Fractional Ownership: No
Lease Details
Land Leased: No
Miscellaneous Information
FIPS Code: 27069
Homestead Desc: Other
Structure Information
Sale Includes: Building
Unit Details
Total Units: 13
Property Features
Accessible: None
Air Conditioning: Window
Basement: Partial
CMU Style: Apartment
Construction Status: Previously Owned
Current Use: Other
Exterior: Wood
Fuel: Natural Gas
Heating: Boiler; Hot Water; Radiant
Location Description: Downtown
Lot Description: Tree Coverage - Light
No. of Ranges: One Per Unit
No. of Refrigerators: One Per Unit
On Site Utilities: Heating Common
Parking Characteristics: Driveway - Gravel
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Listing Office: Tru North Realty
Last Updated: January - 24 - 2023
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2022 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
