Listed By
Agency Name: Weichert REALTORS Tower Properties
Agency Phone: 320-262-7787
Shown By
Agency Title: Counselor Realty - Rochester
Agency Phone: (507) 285-9400
Property Description
Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates. A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features.The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
Property Features
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215 S 5th Street, Montevideo, MN 56265
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215 S 5th Street, Montevideo, MN 56265
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215 S 5th Street, Montevideo, MN 56265.
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215 S 5th Street | MLS# 7009752
This commercial property located at 215 S 5th Street, Montevideo, MN 56265 is currently listed for sale with an asking price of $899,900. S 5th Street is located within the Montevideo school district. Search Montevideo real estate on www.counselorrealtyofrochester.com today.