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Key Details
Sold Price $875,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Park View Acres
MLS Listing ID 6608745
Sold Date 04/04/25
Year Built 1978
Annual Tax Amount $5,894
Tax Year 2024
Contingent None
Lot Size 0.640 Acres
Acres 0.64
Lot Dimensions 125 x 200
Property Sub-Type Apartment
Property Description
HERITAGE PRAIRIE, LOCATED IN WABASSO, MINNESOTA, IS THE NICEST & MOST WELL-MAINTAINED APARTMENT BUILDING IN A 30-MILE RADIUS. THIS PROPERTY OFFERS INVESTORS AN OPPORTUNITY TO ADD VALUE THROUGH STABILIZATIPON AND LEASE RENEWALS. THE LAUNDRY ROOMS ARE UPDATED & THERE IS A COMMUNITY ROOM WITH A FULL KITCHEN! CURRENT IN PLACE CAP RATE 8%
Location
State MN
County Redwood
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Boiler
Cooling Wall Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Gravel
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Asphalt,Pitched
Present Use Residential
Building
Lot Description Tree Coverage - Light
Story Three Or More
Foundation 6000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone
Schools
School District Wabasso
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