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Sold for $540,000 Sold

406 S 4th Avenue
Virginia, MN 55792

19 units |

Commercial: Commercial - MLS# 4807210
Property Photo
1/18

Sold

Sold for $540,000 on Aug 31, 2017

Description

This 19 unit apartment building is in a great location, just two blocks to downtown Virginia and shopping areas. Steel siding, keyed entry and video surveillance in hallways. This complex has a great rental history and cash flow. Apartments vary in size from efficiency to two bedrooms and rent from $395-$625 a month. Additional income with coin operated washers /dryers and garage space.

Features

  • Amenities - Shared: Coin-Op Laundry Owned, Security Building
  • Annual Gross Income: 117000.00
  • Appliances: Range, Refrigerator
  • Basement: Full
  • Building Finished Square: 11520
  • County/Area: St. Louis County
  • Exterior: Metal, Vinyl
  • Foundation Size: 2800
  • Garage: Detached Garage,On-Street Parking Only, 1-Car
  • Heating: Steam
  • Listing Status: Sold
  • Lot Dimensions: 45x75
  • Miscellaneous Monthly In: 500
  • MLS ID: RMLS
  • Number Of 1 Bedroom Unit: 11
  • Number Of 2 Bedroom Unit: 3
  • Number Of Efficiencies: 5
  • Number Of Ranges: One Per Unit
  • Number Of Refrigerators: One Per Unit
  • Number Of Units 1: 5
  • Number Of Units 2: 11
  • Number Of Units 3: 3
  • Other Parking Spaces: 30
  • Parking Characteristics: Detached Garage, On-Street Parking Only
  • Postal City: Virginia (Mn)
  • Property Type: Commercial
  • Roof: Flat, Rubber
  • Sale Includes: Building, Land, Fixture/Equipment
  • School District: 706 - Virginia
  • Sewer: City Sewer/Connected
  • Sold Date: 2017-08-31 00:00:00
  • Sold Price: 540000
  • Sub Type: Commercial
  • Units: 19
  • Water: City Water/Connected
  • Year Built: 1945
  • Zip Code: 55792
  • Zoning: Residential-Multi-Family

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