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108 E Luverne Street

Luverne, MN 56156
  • $899,000
  • STATUS: Active
  • ON SITE: 402 Days
  • ID#: 6383672
UPDATED: 165 min ago
$899,000
  • 0
    BEDS
  • 2.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,000
    SQFT
  • $36
    $/SQFT
Type:
Commercial
Built:
1925
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of RE/MAX Advantage Plus.

Description

This is a great investment opportunity to own in the City Centre Apartments complex in the heart of Luverne! Includes 15 units on the 3rd floor of the building. This original school building has been renovated into a unique residential space complete with a full court basketball court! Well-kept and clean building with spacious outdoor yard space, community room for hosting events and gatherings, shared coin laundry room and elevator access to upper level floors. Compromised of a variation of 1, 2 & 3-bedroom units that are currently leased. Convenient location close to many restaurants, shops & businesses, Luverne City Park and the Rock River.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Preferred Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-07-14T00:23:19.73.

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108 E Luverne Street Luverne, MN 56156

  • Price: $899,000
  • Status: Active
  • On Site: 402 Days
  • Updated: 165 min ago
  • ID#: 6383672
0
Beds
0
Baths
0
½ Baths
2.22
Acres
25,000
SQFT
$36
$/SQFT
1925
Built
Neighborhood:
City Center Condo Inc Cic #13
County:
Rock
School District:
2184 - Luverne
Property Description
This is a great investment opportunity to own in the City Centre Apartments complex in the heart of Luverne! Includes 15 units on the 3rd floor of the building. This original school building has been renovated into a unique residential space complete with a full court basketball court! Well-kept and clean building with spacious outdoor yard space, community room for hosting events and gatherings, shared coin laundry room and elevator access to upper level floors. Compromised of a variation of 1, 2 & 3-bedroom units that are currently leased. Convenient location close to many restaurants, shops & businesses, Luverne City Park and the Rock River.
Exterior Features

Construction Materials Brick/Stone Foundation Area 25000 Garage Square Feet 0 Levels Three Or More Lot Size Dimensions 339x284x339x284 Parking Features Parking LotPaved Parking Open 0 Road Frontage Type City StreetCurbsPaved StreetsSidewalksStreet Lights Roof FlatRubberTar/Gravel

Interior Features

Amenities Unit Ceiling Fan(s)Indoor SprinklersMain Floor Primary Bedroom Appliances DishwasherRangeRefrigeratorStainless Steel Appliances Cooling Central Air Heating Baseboard Shared Rooms Other

Property Features

Accessibility Features Accessible Elevator InstalledHallways 42"+Wheelchair Ramp(s) Additional Parcels YN No Assessment Pending Unknown Association Amenities Coin-op Laundry OwnedConcrete Floors & WallsElevator(s)Fire Sprinkler SystemIn-Ground Sprinkler SystemOtherSecurity Contingency None Current Use Residential Expenses 62672.0000 Foreclosure Status No Fractional Ownership YN No Fuel Electric Gross Income 135420 Inclusions BuildingLeases Land Lease YN No Lender Owned No Net Operating Income 72748 Operating Expense 62672 Owner Pays Grounds CareRepairsSnow RemovalWater Postal City Luverne Potential Short Sale No Property Sub Type ApartmentLow Rise Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 5280 Tax With Assessments 5280.0000 Tax Year 2022 Tenant Pays Electricity Utilities Electric SeparateHeating Separate Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of RE/MAX Advantage Plus: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Preferred Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-07-14T00:23:19.73.

Click here for Digital Millennium Copyright Act
 
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Keller Williams Preferred Realty
14300 Nicollet Ct., Suite #208
Burnsville MN, 55306
NorthstarMLS] logo Listing courtesy of RE/MAX Advantage Plus.