Ryan Olson - Coldwell Banker River Valley Commercial Group
703 W Main St
Paynesville, MN 56362

Description

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.

Details

MLS#4982132
Sub-TypeResale
StatusActive
Year1960
Days On Site147

Features

SQ Feet12,410
Story(s)1
Units17
ZoningBusiness/Commercial

Market Activity 56362

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Area Information

StateMN
CountyStearns
CityPaynesville
Zip Code56362
AreaPaynesville (MN)
Listing VS Median (in 56362)
Price:
$600,000
low | high
Med:
$33,500
100% of Average
SqFt:
12,410
low | high
Med:
0
100% of Average
$ / SqFt:
$48
low | high
Med:
$0
100% of Average
On Site:
147
low | high
Med:
293
50.170648464164% of Average
Listing Updated: 12/12/2018
MLS Number: 4982132
Listing Provided By:
Thomas Schiffler  of  Premier Real Estate Services