717 Cedar AVE Pending

Owatonna,MN 55060

$ 359900

8 Beds

7 Baths

19602 SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 19,602 sqft

Price per Sqft $18

Subdivision Phelps Add

MLS Listing ID 6653271

Bedrooms 8

Year Built 1893

Annual Tax Amount $3,704

Lot Size 0.450 Acres

Property Description

Income-Producing 7 unit property in the Heart of Owatonna!

Discover this exceptional cash-flow-generating property perfectly situated in the vibrant heart of Owatonna. Boasting historic charm with updates throughout, this property is an ideal investment for those seeking minimal maintenance and steady income.

Upgrades include a new roof, newer energy-efficient windows, and fresh paint throughout, ensuring long-term durability and appeal. The property's historic character shines through with unique architectural details, while thoughtful updates enhance its functionality and desirability.

Whether you're a seasoned investor or a first-time buyer, this property offers an incredible opportunity to generate income while owning a piece of Owatonna's rich history. Don't miss out on this rare find!

Contact us today for a private tour or more details.

Location

State MN

County Steele

Community Phelps Add

Interior

Heating Baseboard

Cooling Window

Exterior

Parking Features Driveway - Gravel,Unassigned,Uncovered/Open

Utilities Available Electric Common,Heating Common,Hot Water Common

Roof Type Age 8 Years or Less,Asphalt Shingles

Building

Water City Water/Connected

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