100 State Ave S 6 Unit Apartment Building $647,536 CAD ($107,923 CAD/Unit) New Germany, MN 55367
EXECUTIVE SUMMARY
Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!
PROPERTY FACTS
| Price | $647,536 CAD |
| Price Per Unit | $107,923 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 8,196 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2010 |
| Parking Ratio | 1.22/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 55.0500530 | Improvements Assessment | $365,944 CAD |
| Land Assessment | $51,600 CAD | Total Assessment | $417,544 CAD |
