REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Aug

Tue

Aug

Wed

Aug

Jason Lange

jason.lange@results.net +1(612) 247-7593

$ 1,650,000

Est. payment -/mo

Save

New

107 3rd AVE S Sauk Rapids, MN 56379

0.92 Acres Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Town Of Sauk Rapids

MLS Listing ID 6772661

Year Built 1965

Annual Tax Amount $11,398

Tax Year 2024

Contingent None

Lot Size 0.920 Acres

Acres 0.92

Lot Dimensions 300x135x300x135

Property Sub-Type Apartment

Property Description

Village View Apartments were well built in the mid 1960's with brick walls and gabled, asphalt shingle roofs. The 21 units are composed of an 8 unit building (117 3rd Ave S), a 12 unit building (107 3rd Ave S) and the house next door (210 1st St). The apartment buildings and house on .92 acre, half block and share an alley with US Bank and an office building. The property is just around the corner from Coborn's Grocery and the bus line. The apartments are good size, comfortable, with good natural light, full bath, eat in kitchen, and large living room and are well located - making them easy to rent. Since 2017, the buildings have been consistently maintained - new roof in 2020, bath floor & closet updates, kitchen repairs, tuck point repair 2023, etc... Current rents are below market and offer the new owner the opportunity to increase cash flow. (See pictures for rent roll and proforma).

Location

State MN

County Benton

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Detached, Other, Parking Lot

Garage Spaces 12.0

Utilities Available Electric Separate

Present Use Residential

Building

Story Three Or More

Foundation 8088

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District Sauk Rapids-Rice

Listed by Josh Bloom • Bloom Commercial Real Estate

Jason Lange

Agent | License ID: 20457477

+1(612) 247-7593

GET MORE INFORMATION

QUICK SEARCH

Jason Lange

107 3rd AVE S Sauk Rapids, MN 56379

Key Details

Location

Interior

Exterior

Building

Schools

GET MORE INFORMATION

Go tour this home

107 3rd AVE S