UPDATED:
Key Details
Sold Price $620,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7018242
Bedrooms 49
Year Built 1993
Annual Tax Amount $3,728
Tax Year 2025
Lot Size 3.820 Acres
Property Description
**Affordable housing under a Section 8 contract, that the buyers will need to get 2530 Clearance with HUD- HUD contract til 2035** Sold As is- many units need major repairs. Community building needs roofing.
Gross rent is Pro-Forma
3 Roofs in the last 8 -10 years. All the electric panels plus -basically brand new. Conveniently located in town of Olivia.
Location
State MN
County Renville
Zoning Residential-Multi-Family
Rooms
Family Room Amusement/Party Room, Community Room, Other
Interior
Heating Baseboard, Radiant
Cooling Wall Unit(s)
Flooring Carpet, See Remarks, Vinyl
Exterior
Parking Features Asphalt, Parking Lot, Unassigned, Open
Fence None
Pool None
Utilities Available Electric Common, Heating Common, Hot Water Common
Waterfront Description Pond
View Y/N South
View South
Roof Type Age 8 Years or Less,Asphalt,Pitched
Building
Lot Description Property Adjoins Public Land, Tree Coverage - Medium
Story Two
Foundation 11000
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Bird Island-Olivia-Lake Lillian
Others
Special Listing Condition Short Sale
Nearby School & Business
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