409 Elm Ave, Waverly, MN

$480,000

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0.11

Acres

About 409 Elm Ave

Solid investment opportunity with this 6-unit apartment building in Waverly. The property is fully rented, producing $6,700 in monthly rent, and offers a strong, stable rental history. Units are well maintained, and recent updates include a roof with warranty and tuckpointed brick exterior. Additional features include a shared coin-operated laundry room for tenant convenience and supplemental income. Photos of all units are included in the listing, and complete financials are provided in the supplements for buyer review. The seller also owns the neighboring duplex and a mixed-use building with one apartment and a commercial space, for a total of 10 units all next door to each other. Preference is to sell as a package, though individual sales will be considered.

Features of 409 Elm Ave

MLS® # 6789416
Price $480,000
Bathrooms 0.00
Acres 0.11
Year Built 1928
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Pending

Community Information

Address 409 Elm Ave
Subdivision Original Waverly
City Waverly
County Wright
State MN
Zip Code 55390

Amenities

Garages Gravel
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Forced Air
Fireplace No

Exterior

Construction Brick/Stone

School Information

District Howard Lake-Waverly-Winsted

Additional Information

Days on Market 30
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeLifecycle Real Estate Services

Listing Map

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