ORION REAL ESTATE
Waite Park, MN 56387
PROPERTY NAME: 4 Unit Apartment Building
TYPE: Residential
ADDRESS: 12725 Fremont Avenue, Zimmerman, MN 55398
LAND AREA: 100 x 83.11 Feet
SIZE OF BUILDING: 4,144 Square Feet
TYPE OF BUILDING: One Story over Finished Basement
AGE: Built 1947 - Remodeled in 2000
UTILITIES: City Water & Sewer
HEATING: 4 Gas Forced Air Units
AIR CONDITIONING: 4 Central Air Units
REAL ESTATE TAXES: 2007 Taxes - $4,872
GROSS INCOME: 4 – 2 Bedroom units
NET INCOME: $29,884 Annual
PRICE: $350,000 TERMS: Cash
FEATURES: This building was completely remodeled in 2000 and is in excellent condition. Terrific location just west of downtown Zimmerman. Off street parking, maintenance free exterior, and good cash flow make this an attractive investment opportunity. Priced to sell with a hard to find 8.5% cap rate.
Via Email click on the linkCALL JOHN GUSTAFSON FOR DETAILS
(612)219-1209
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.