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Active
407 Elm AVE Waverly, MN 55390
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Original Waverly
MLS Listing ID 6789415
Year Built 1898
Annual Tax Amount $1,866
Tax Year 2024
Contingent None
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.085
Property Sub-Type Mixed Use
Property Description
Mixed-use building in Waverly featuring one apartment and one commercial space, both leased to long term tenants. This property provides stable income with the benefit of residential and commercial diversification. The aparment has a 2 stall garage along with laundry in the unit. Total monthly rent is $2,350. Financials attached in the supplements.
Located directly next to the seller's 6-plex and duplex, this property can be purchased individually or as part of a 10-unit portfolio all next door to each other. A rare chance to acquire multiple income-producing buildings in one location.
Located directly next to the seller's 6-plex and duplex, this property can be purchased individually or as part of a 10-unit portfolio all next door to each other. A rare chance to acquire multiple income-producing buildings in one location.
Location
State MN
County Wright
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Detached, Asphalt
Garage Spaces 2.0
Utilities Available Electric Separate, Heating Separate
Present Use Commercial,Residential
Building
Foundation 1100
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick Veneer
Schools
School District Howard Lake-Waverly-Winsted
Listed by Trent Thies • Lifecycle Real Estate Services