This is a great value add opportunity through market rate rents (Three units currently at market rents). Current rents are below market and have not been increased in years. Potential to increase NOI through expense recapture, bill back of trash, water and sewer. Currently, long term tenants are in place and on a month to month basis. This investment property offers great opportunity for return on your investment.
Off market
$618,300
812 Main Ave, Gaylord, MN 55334
20beds
0baths
9,216sqft
MultiFamily
Built in ----
-- sqft lot
$618,300 Zestimate®
$67/sqft
$1,124 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 0
Heating
- Forced air, Gas
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 9,216 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.85 Acres
Construction
Type & style
- Home type: MultiFamily
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Gaylord
Other
Other facts
- Type: Multi-Family
- FUEL: Natural Gas
- HEAT: Forced Air
- ROAD FRONTAGE: City, Curb/Gutters
- SEWER: City
- WATER: City
- Status: ACTIVE
- Status Category: Active
- APPLIANCES 1: Dryer, Range/Stove, Refrigerator, Washer
- AIR CONDITIONING 1: Window
- Style: Other
- EXTERIOR: Wood
- Stories: 1 Story
- APPLIANCES 2: Range/Stove, Refrigerator, Dryer, Washer
- APPLIANCES 3: Range/Stove, Refrigerator, Dryer, Washer
- APPLIANCES 4: Range/Stove, Refrigerator, Dryer, Washer
- LOT/LAND DESCRIPTION: Corner Lot
- ROOF: Rubber
- EXTERIOR-AMENITIES: Driveway - Asphalt
- Classification: NonHomestead
- AIR CONDITIONING 2: Window
- MECHANICALS: Water Heater - Gas
- AIR CONDITIONING 3: Window
- AIR CONDITIONING 4: Window
- Tax Amount ($): 5074