Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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23924 Minnesota Highway 22, Litchfield, MN 55355

$649,900
MLS# 6758364
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Active
PROPERTY TYPE: Commercial - Business
SCHOOL: Litchfield
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Property Description

Located just south of Litchfield near the airport, this well maintained mobile home park offers great space. Sitting on 5 acres, it has 12 designated lots. The park owns 6 of the mobile units on site for additional rental income while the other 6 lots are leased to other mobile owners. The park owned units include three 2-bed 1-bath units, one 3-bed 1-bath unit, and one 4-bed 2-bath unit. Property is served by two septic systems that each can support up to 8 homesites. Currently, the north system is serving 8 homes and the south system is serving 4 so expansion is possible for the south system. Monthly gross cashflow potential without changing existing rental terms is over $7,500/month. Property also includes a large 3 car garage for onsite storage or convert to additional rental income. This is a great opportunity for a nicely upkept rural residential setting.

23924 Minnesota Highway 22 | MLS# 6758364

This commercial property located at 23924 Minnesota Highway 22, Litchfield, MN 55355 is currently listed for sale with an asking price of $649,900. Minnesota Highway 22 is located within the Litchfield school district. Search Litchfield real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 5.00 Acres
Stories: 1.0
Taxes: $2,568
Year Built: 2004

Feature Descriptions

Current Use: Residential
Days on Site: 277
Foundation Size: 1
Lot: Irregular Lot, Tree Coverage - Medium
Lot Dimensions: 1241x1085x559
Owners Expense: Common Area Maintenance, Grounds Care, Insurance, Repairs, Management, Sewer, Snow Removal, Trash Collection, Water
Parcel#: 140308000
Parking: Detached Garage, Gravel
Road Frontage: County Road, Paved Streets
Sale Includes: Building, Land, Leases
Sewer: Septic System Compliant - Yes
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity, Gas, Heat, Hot Water, Telephone
Units: 12
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: Well

Local Schools

School District: Litchfield

Listed By / Shown By

Listed By

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Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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