About 3200 Maple Avenue
Investment Opportunity: 23-Unit Apartment Building. A prime value-add investment with strong cash flow potential! 14 spacious 2-bedroom units and Nine 1-bedroom units. Recently installed new roof. Annual gross income: $150,780. Annual operating expenses: $73,700. Annual net operating income: $77,080 This property offers an excellent opportunity to enhance cash flow through active management and upgrades, making it ideal for investors seeking steady income and future growth.
Features of 3200 Maple Avenue
| MLS® # | 6763173 |
|---|---|
| Price | $799,900 |
| Bathrooms | 0.00 |
| Acres | 0.88 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Apartment |
| Style | Apartment |
| Status | Active |
Community Information
| Address | 3200 Maple Avenue |
|---|---|
| City | Slayton |
| County | Murray |
| State | MN |
| Zip Code | 56172 |
Amenities
| Amenities | Coin-op Laundry Owned, Other |
|---|---|
| Garages | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Baseboard, Boiler, Hot Water |
| Cooling | Wall Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Irregular Lot |
|---|---|
| Roof | Age 8 Years or Less |
| Construction | Brick Veneer |
School Information
| District | Murray County Central |
|---|
Additional Information
| Days on Market | 69 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | RE/MAX Results |
|---|