314 County Road 8 new Save Request In-Person Tour Request Virtual Tour
Rockville,MN 56369
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6645105
Year Built 1969
Annual Tax Amount $12,336
Tax Year 2024
Contingent None
Lot Size 1.300 Acres
Acres 1.3
Lot Dimensions 160x360x160x360
Property Description
Fully Occupied 16 Unit Apartment Building on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, about half the units have been updated such as the two units in photos with newer flooring, paint, kitchen, appliances, bathrooms & fixtures. Two new sets of coined washer/dryer for additional income. Hot water boiler heat the owner pays, plus water, sewer, garbage, snow removal and lawn care. Tenants pay for electric heat with 16 separate electric meters and AC units on 60 amp fuses. 6 garage stalls and blacktop parking lot. Professionally managed by Jamkee Properties.
Location
State MN
County Stearns
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Boiler,Hot Water
Cooling Wall Unit(s)
Inclusions Building,Leases
Fireplace No
Exterior
Parking Features Detached,Asphalt,Multiple Garages,Paved,Unassigned
Garage Spaces 6.0
Utilities Available Heating Common,Hot Water Common
Roof Type Asphalt,Pitched
Present Use Residential
Building
Lot Description Corner Lot,Tree Coverage - Light
Story Two
Foundation 3744
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Wood Siding
Schools
School District Rocori