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109 E Luverne Street

Luverne, MN 56156
  • $1,990,000
  • STATUS: Active
  • ON SITE: 388 Days
  • ID#: 6363089
UPDATED: 105 min ago
$1,990,000
  • 0
    BEDS
  • 2.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 75,000
    SQFT
  • $27
    $/SQFT
Type:
Commercial
Built:
1925
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of RE/MAX Advantage Plus.

Description

This is a great investment opportunity to own the City Centre Apartments, a 34-unit apartment complex in the heart of Luverne! This original school building has been renovated into a unique residential space complete with a full court basketball court! Well-kept and clean building with spacious outdoor yard space, community room for hosting events and gatherings, shared coin laundry room and elevator access to upper level floors. Compromised of a variation of 1, 2 & 3-bedroom units that are currently leased. Convenient location close to many restaurants, shops & businesses, Luverne City Park and the Rock River.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Duddingston Group | Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Duddingston Group | Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Duddingston Group | Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-05-28T18:50:01.303.

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109 E Luverne Street Luverne, MN 56156

  • Price: $1,990,000
  • Status: Active
  • On Site: 388 Days
  • Updated: 105 min ago
  • ID#: 6363089
0
Beds
0
Baths
0
½ Baths
2.22
Acres
75,000
SQFT
$27
$/SQFT
1925
Built
Neighborhood:
City Center Condo Inc Cic #13
County:
Rock
School District:
2184 - Luverne
Property Description
This is a great investment opportunity to own the City Centre Apartments, a 34-unit apartment complex in the heart of Luverne! This original school building has been renovated into a unique residential space complete with a full court basketball court! Well-kept and clean building with spacious outdoor yard space, community room for hosting events and gatherings, shared coin laundry room and elevator access to upper level floors. Compromised of a variation of 1, 2 & 3-bedroom units that are currently leased. Convenient location close to many restaurants, shops & businesses, Luverne City Park and the Rock River.
Exterior Features

Construction Materials Brick/Stone Foundation Area 25000 Garage Square Feet 0 Levels Three Or More Lot Size Dimensions 339x284x339x284 Parking Features Parking LotPaved Parking Open 0 Road Frontage Type City StreetCurbsPaved StreetsSidewalksStreet Lights Roof FlatRubberTar/Gravel

Interior Features

Amenities Unit Ceiling Fan(s)Indoor SprinklersMain Floor Primary Bedroom Appliances DishwasherRangeRefrigeratorStainless Steel Appliances Cooling Central Air Heating Baseboard Shared Rooms Other

Property Features

Accessibility Features Accessible Elevator InstalledHallways 42"+Wheelchair Ramp(s) Additional Parcels YN No Assessment Pending Unknown Association Amenities Coin-op Laundry OwnedConcrete Floors & WallsElevator(s)Fire Sprinkler SystemIn-Ground Sprinkler SystemOtherSecurity Contingency None Current Use Residential Expenses 139182.0000 Foreclosure Status No Fractional Ownership YN No Fuel Electric Gross Income 307320 Inclusions BuildingLeases Land Lease YN No Lender Owned No Net Operating Income 168138 Operating Expense 139182 Owner Pays Grounds CareRepairsSnow RemovalWater Postal City Luverne Potential Short Sale No Property Sub Type ApartmentLow Rise Rental License YN No Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 12000 Tax With Assessments 12000.0000 Tax Year 2022 Tenant Pays Electricity Utilities Electric SeparateHeating Separate Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of RE/MAX Advantage Plus: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Duddingston Group | Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Duddingston Group | Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Duddingston Group | Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-05-28T18:50:01.303.

Click here for Digital Millennium Copyright Act
 
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The Duddingston Group | Keller Williams Premier Realty
264 West Seventh Street
Saint Paul MN, 55102
NorthstarMLS] logo Listing courtesy of RE/MAX Advantage Plus.