For Sale: Wheaton MLS# 7026352
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Property Description
48 unit building in Wheaton MN. Wheaton is the county seat for Traverse county and appears to have stable population and demand. fantastic building with large lot and great mix of apartments. value will come from improving occupancy.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,550,000
Property Type:
Commercial
City:
Wheaton
Garage Spaces:
40
County:
Traverse
Year Built:
1971
State:
MN
Property Style:
2 Stories
Zip Code:
56296
Subdivision Name:
Gearys Add 02
Exterior
Stories:
Two
Garage Spaces:
40
Foundation Size:
40,000 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Boiler
Parking Features:
- Detached Garage
- Parking Lot
Lot & Land
Acres:
4.59
Geolocation:
45.801298, -96.503472
Inclusions:
Leases
Lot Dimensions:
300 x 666
Zoning:
Residential-Multi-Family
Schools
School District:
2277
District Phone:
3205638283
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,636
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,636
Income
Annual Gross Income:
$404,100
Rent
Annual Net Income:
$171,617
Units
Total Units:
48
Miscellaneous
Current Use:
Residential
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of First Select.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.