Address
1101 7th Ave W Virginia, MN
Price
$ 799,000
Property Attributes
  • MLS#6096383
  • TypePending
  • CountySAINT LOUIS
  • CityVirginia
  • AreaVirginia
  • Zip55792
  • Style
  • Year Built1965
  • Taxes$ 4168
  • Price$ 799,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage12000
  • Lot Size0.6 Acres
Listing Provided Courtesy Of:
Heirloom Realty, LLC
Data Source:
Lake Superior Area of REALTORS® (LSAR) - 389 - MN
Property Description

Attention investors! Build a portfolio in the northland. Well maintained fully occupied 12 unit apartment building with 11 two bedroom units and 1 one bedroom unit. Solid sought after building. Many upgrades including a new high efficiency heating system, on demand hot water, and new commercial water softener system. The roof and brick exterior are in good condition. Most units have been updated and the building comes with a 9 stall garage building adjacent the driveway. Property has been well managed and is fully occupied with no delinquencies. Rental performance is 7800/mo and all utilities are tenant paid. Many long term tenants. Opportunity to increase performance through value add and optimizing rents to current market. Purchase separately or as a portfolio package with 602-610 7th Street South.

Price History
5/1/2021 Listed $799,000

General Features

Heating Boiler, Hot Water, City Gas
Number of Units 12
School District Virginia #706
Stories 2.25 - 2.75 Story

Exterior Features

Latitude 47.5331329498009
Longitude -92.5436162797622
Exterior Brick
Garage Spaces 9

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 55792

Price
AVG $130K
$800K
Taxes
AVG $1,300
$4,168
Visits
AVG 77
14
Year Built
AVG 1932
1965
Walkscore
AVG 50
49
Data Provided by Walkscore ® not using MLS data

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