My notes for this property


Add listing to my favorites (required)
Active NEW!
$199,000
/mo Edit
Commercial:  Apartments/Retail
Built 1898
0.09 acres
Howard Lake-Waverly-Winst schools
MLS# 6789415
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Mixed-use building in Waverly featuring one apartment and one commercial space, both leased to long term tenants. This property provides stable income with the benefit of residential and commercial diversification. The aparment has a 2 stall garage along with laundry in the unit. Total monthly rent is $2, 350. Financials attached in the supplements. Located directly next to the seller’s 6-plex and duplex, this property can be purchased individually or as part of a 10-unit portfolio all next door to each other. A rare chance to acquire multiple income-producing buildings in one location.

    Listing

    Contingency: None
    City: Waverly
    County: Wright
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55390
    Subdivision Name: Original Waverly

    Exterior

    Garage Spaces: 2
    Other Parking Spaces: 2
    Foundation Size: 1,100 ft2
    Handicap Accessible: Doors 36"+
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Exterior Material: Brick Veneer

    Lot & Land

    Acres: 0.09
    Geolocation: 45.066752, -93.967652
    Inclusions: Building
    Lot Dimensions: 0.085
    Zoning: Business/Commercial

    Schools

    School District: 2687
    District Phone: 320-543-3521

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,866
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,866

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Lifecycle Real Estate Services.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.