Seller Financing
Address
602-610 7th St S Virginia, MN
Price
$ 469,000
Property Attributes
  • MLS#6096384
  • TypePending
  • CountySAINT LOUIS
  • CityVirginia
  • AreaVirginia
  • Zip55792
  • Style
  • Year Built1907
  • Taxes$ 4088
  • Price$ 469,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6600
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Heirloom Realty, LLC
Data Source:
Lake Superior Area of REALTORS® (LSAR) - 389 - MN
Property Description

Attention investors! Look at this chance to purchase a rare 10 unit building with partial seller financing! Well maintained fully occupied 10 unit apartment building with 3 two bedroom units and 7 one bedroom units. This property has upgrades including new roof, new high efficiency heating system, new on demand hot water, and new commercial water softener system. All units have updated interiors and all 10 units have new rear decks and front porches. Steel siding and many new windows throughout. Property has been well managed and is fully occupied with no delinquencies. Rental performance is 5,600/mo with all utilities tenant paid. Rents are below market with significant opportunity to optimize cash flow and value.

Price History
5/1/2021 Listed $549,000
5/17/2021 10% - $499,000
9/3/2021 7% - $469,000

General Features

Heating Boiler, City Gas
Number of Units 10
School District Virginia #706
Stories 2 Story

Exterior Features

Latitude 47.5167675908778
Longitude -92.5407959877662
Exterior Steel

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
$470K
Taxes
AVG $1,300
$4,088
Visits
AVG 78
8
Year Built
AVG 1932
1907
Walkscore
AVG 50
58
Data Provided by Walkscore ® not using MLS data

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