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$252,000

8 Beds 4 Baths 4,900 SQFT 0.34 Acres
Type: Multi-Family

202 N Cass Avenue
Springfield, MN 56087

MLS#: 7115515
Trevor Houn
Trevor Houn
The Real Estate Advantage
REALTOR
Phone: 612.799.1026
Office: 952.758.4464
Presented by: Kerkhoff Auction & Real Estate

Property Description

 

Four-unit Apartment complex for sale with garages situated on a desirable corner lot in a great location! Property is well maintained including newer roof and furnaces. An excellent opportunity for investors looking to expand their portfolio with an income-producing property full of potential. All units are currently leased with waiting list. Don's miss this investment opportunity! Call today!

 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area2,450 sqft
BasementEgress Window(s), Partially Finished, Sump Pump
Basement (Y/N)Yes
Below Grade Finished Area2,450 sqft
FuelNatural Gas
Garage Square Feet0
Laundry FeaturesUpper Level

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CitySpringfield
Construction MaterialsBrick
ContingencyNone
CountyBrown
DirectionsComing from Rock Street, turning right onto Cass Avenue. Continue straight for 2 blocks property will be on the corner to your right.
ElectricCircuit Breakers, 100 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces4
Gross Income25392
HeatingForced Air
High School DistrictSpringfield
Insurance Expense1679
Land Lease Y/NNo
Lender OwnedNo
LevelsSplit Entry (Bi-Level)
Living Area4,900 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total4
Operating Expense5129
OwnerPaysCommon Area Maintenance, Hot Water, Water
PostalCitySpringfield
Property SubtypeApartment
Property TypeResidential Income
RoofAge Over 8 Years, Flat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameVan Dusen Add
Tax Annual Amount$2,684
Tax Year2025
Tenant PaysCable TV, Electricity, Gas, Sewer, Trash Collection
Trash Expense0
Water Sewer Expense3450
Year Built1940
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,900 sqft
Foundation Area2,450 sqft
Lot Dimensions100x150
Lot FeaturesTree Coverage - Medium
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Multiple Garages, Parking Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$252,000

8 Beds 4 Baths 4,900 SQFT 0.34 Acres
Type: Multi-Family

202 N Cass Avenue
Springfield, MN 56087

MLS#: 7115515
Trevor Houn
Trevor Houn
The Real Estate Advantage
REALTOR
Phone: 612.799.1026
Office: 952.758.4464

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