This 9 Unit apartment building offers an excellent income producing investment. Currently total NET profit exceeds $38,000 after expenses annually. This property has been well maintained and is located in the heart of Alexandria with an excellent occupancy rate of close to 100%. Seller has meticulously cared for this property. Recent updates include New Steel siding in 2008, new furnace in 2008, new asphalt shingles in 2013. New windows, doors and updated electrical in 2008. If you're looking for a long term great investment, you won't be disappointed in this opportunity. Possible seller financing available.
Off market
$442,000
305 4th Ave E, Alexandria, MN 56308
--beds
--baths
2,653sqft
Apartment
Built in 1896
-- sqft lot
$-- Zestimate®
$167/sqft
$2,224 Estimated rent