Listed By
Agency Name: Hetland Realty, LLC
Agency Phone: 320-808-6943
Shown By
Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111
Property Description
For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. Large, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow.Most of the units have been updated with only 1 left to bring up to speed. Heated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc...Alexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.
Property Features
Feature Descriptions
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312 Spruce Street , Alexandria, MN 56308
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312 Spruce Street , Alexandria, MN 56308
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312 Spruce Street | MLS# 7017065
This commercial property located at 312 Spruce Street , Alexandria, MN 56308 is currently listed for sale with an asking price of $1,100,000. Spruce Street is located within the Alexandria school district. Search Alexandria real estate on www.counselorrealtyalex.com today.