$600,000 703 W Main Street Paynesville, MN

MLS: 4939926   Type: Commercial   County: Stearns   City: Paynesville   Zip: 56362   Style: Apartments/Multi Family     Taxes: $8,242

Mortgage $2,817 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

24

0

0

12,410

1.48

1960

Great investment opportunity to purchase 17 units in Paynesville Minnesota. Very convenient location to the Paynesville Schools and local businesses. Property shows good cash flow and is easily transitioned to a new management team. The current manager is willing to stay onstaff. One, three bedroom unit is in need of a rehab, but all other units are ready to be rented or currently rented.

Elementary School

Middle School

High School

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Price History

4/13/2018 Listed $600,000

Contingency None
Handicap Accessible No Stairs External
Listing Status Active
Municipality Paynesville
Property Type CMU
School District 741 - Paynesville
Year Built 1960
Zoning Business/Commercial

Interior Features

A/C Window
Appliances Range, Refrigerator
Fuel Electric
Garage Stalls 0
Heating Baseboard, Hot Water, Radiant, Boiler
Number Of 1 Bedroom Unit 13
Number Of 2 Bedroom Unit 1
Number Of 3 Bedroom Unit 3

Exterior Features

Building Finished Square 12410
Exterior Vinyl
Foundation Size 8677
Lake/waterfront - Y:n 0
Other Parking Spaces 17
Sewer City Sewer/Connected
Water City Water/Connected

Property Schools



Direct Link:

http://www.premierhomesearch.com/property/133-4939926-703-W-Main-Street-Paynesville-MN-56362

Gallery (6 photos)

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Property vs Zip Code Avg (56362)

Price 600K Avg 310K

Sqr Feet 12,410 Avg 7,939

Cost / Sqr Ft $48 Avg $39

Taxes $8,242 Avg $5,755

Acres 1.48 Avg 0.88

Visits 7 Avg 22

Days on Site 7 Avg 270

Walkscore® 34 Avg 25

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Listing Provided Courtesy Of: Premier Real Estate Services




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Location & Address

Premier Real Estate Services
550 25th Avenue North
St. Cloud, MN
320-537-1371


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