Property Description
49 total apartment units. 48 one bedroom units, one 2 bedroom unit. 4 buildings total. Three 16 unit buildings. The fourth building includes office , community room and two bedroom apartment. On linear pond to the South. Plenty of off parking. Brand new electric panels in all four buildings. Common laundry rooms in each building. Wall ACs. Close to parks and playground. Two sheds included. Possibly room on property for community gardens. *property needs updating approximately half the units are vacant. A couple+ are gutted.**Affordable housing under a Section 8 contract, that the buyers will need to get 2530 Clearance with HUD- HUD contract til 2035** Sold As isGross rent is Pro-Forma3 Roofs in the last 8 -10 years. All the electric panels plus -basically brand new. Conveniently located in town of Olivia.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Shown By
Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty
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500 S 13th Street | MLS# 7018242
This commercial property located at 500 S 13th Street, Olivia, MN 56277 is currently listed for sale with an asking price of $674,900. S 13th Street is located within the Bird Island-Olivia-Lake Lillian school district. Search Olivia real estate on tengel.counselorrealty.com today.