Description
215 7th Street S,
Virginia,
MN
55792
Incredible opportunity in Virginia with a 11.2% Pro Forma Cap Rate. Add coin op washer/dryer for more income. Main level recently rehabbed and rented. New Boiler and Water Heater (2024). Garage is currently used by the neighbor who maintains snow and lawn, could be rented for additional income. Upper Level tenant has been there for 1.5 years and rent can be increased to current section 8 standards. Basement is in great shape and there is additional off street parking next to the garage. Rare opportunity to buy a unit and cashflow right away or live in one unit and the other unit rent will make your mortgage payment!
This is an Active listing.
Broker Office Phone Number: 952-226-7700
Copyright © 2024Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: RE/MAX Advantage Plus via Data Source: Regional Multiple Listing Service of Minnesota [NorthStarMLS]
Price History
| date | price | variance | type |
|---|
| 9/30/2024 | $149,900 | 6.25 % | decreased |
| 9/13/2024 | $159,900 | - | Listed |
listing agent: Kyle White
