MN > Alexandria
Alexandria, MN 56308,605 30th AVE W
Alexandria, MN 56308,605 30th AVE W
Alexandria, MN 56308,605 30th AVE W
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$899,900
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1.2 Acres Lot
Contingent

605 30th AVE W Alexandria, MN 56308

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Jon Olson

Jon Olson

+1(612) 532-3140

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 6697091

Year Built 1958

Annual Tax Amount $4,638

Tax Year 2025

Contingent Inspection

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 294x178

Property Sub-Type Apartment

Property Description

13 unit apartment building now available in the heart of Alexandria, MN! Prime investment opportunity with strong income history! Conveniently located in the business district, right across the street from the Alexandria Clinic. This would make a great housing option for traveling nurses. Value-add opportunity right out of the gate with a Conditional use permit approved by the City to add up to 4 additional units on the property, allowing the next owner to boost their equity and cashflow. Property currently has 12 efficiency units and 1 larger 3BR 1 BA unit. Updates include new electric service panels, new kitchenettes in the efficiency units, designated 20 amp outlets for all the A/C's in each unit, and new concrete post style community mailboxes. Don't miss your chance to invest in this rare opportunity and build your portfolio in this thriving community with a strong rental market!

Location

State MN

County Douglas

Zoning Business/Commercial

Rooms

Basement Block

Interior

Heating Boiler

Cooling Wall Unit(s), Window Unit(s)

Inclusions Building, Land, Leases

Fireplace No

Appliance Cooktop, Refrigerator

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Asphalt

Present Use Commercial,Residential

Building

Foundation 4644

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Fiber Board,Wood Siding

Schools

School District Alexandria

Listed by Robert Conn • ConnCrete Realty Solutions

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agent

Jon Olson

Agent

+1(612) 532-3140

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605 30th AVE W