For Sale: Cosmos MLS# 6789417
Active
NEW!
$799,000
Commercial: Apartments
Built 1981
1.09 acres
A.C.G.C. schools
MLS# 6789417
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Property Description
Fully occupied 13-unit apartment building consisting of 12 one-bedroom units and 1 studio. Units have been well kept and feature modern updates. Property includes on-site coin-operated laundry for additional income. Strong rental history with full occupancy. Financials available in supplements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$799,000
Property Type:
Commercial
City:
Cosmos
Garage Spaces:
0
County:
Meeker
Year Built:
1981
State:
MN
Property Style:
Apartments
Zip Code:
56228
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
20
Air Conditioning:
Wall Unit(s)
Foundation Size:
9,322 ft2
Handicap Accessible:
Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, Roll-In Shower
Heating System:
Boiler
Parking Features:
Gravel
Exterior Material:
Metal Siding
Lot & Land
Acres:
1.09
Geolocation:
44.937439, -94.701616
Inclusions:
Building
Lot Dimensions:
220 x 220
Zoning:
Residential-Multi-Family
Schools
School District:
2396
District Phone:
320-857-2271
Expenses
Annual Insurance Expense:
$5,760
Annual Gross Expense:
$52,746
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,031
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,400
Income
Annual Gross Income:
$116,394
Rent
Annual Net Income:
$63,648
Units
Total Units:
13
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
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 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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.