$775,000
Winona, MN 55987
MLS# 6346629
1 / 26
Property Description
Excellent investment opportunity for onsite or offsite owner/manager. Building was completely gutted to the studs in 2012-2013. Shows like new! Quality materials and cosmetics were put into this 5 plex student rental. Not your standard student rental rehab. Unit #1: 5 bdrm/2 bath rents for $2,25.00.00 #2: 3 bdrm/2 bath rents for $1200.00 #3: 5 bdrm/2 bath rents for $1,300.00, Unit #4: 4 bdrm/2 bath rents for $1,600.00, Unit #5: 5 bdrm/2 bath rents for $1,600.00 See document tab on the MLS for complete building break down on units, rents and expenses. Large off street parking lot, 2 blocks to Winona State University. Shingled roof/Vinyl siding/vinyl windows; all units new from electrical, plumbing, sheet rock, Hvac, kitchens, bathrooms. etc.. Hard wood floors were all re-sanded. Very impressive rehab and a great opportunity for student rental property to add to your portfolio today!
Details
Maps
Documents
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Status: Active
Current Price: $775,000
Original List Price: 799000
Contingency: None
ListPrice: 775000
List Date: 2023-03-24
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SEMR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Year Built: 1882
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 2000
For Sale or Lease: For Sale
Acres: 0.19
Lot Dimensions: 0x0
Assessment Pending: Yes
Location, Tax and Other Information
Legal Description: SECT-23 TWP-107 RANGE-007 ORIGINAL PLAT LOT-005 BLOCK-040 ORIGINAL PLAT
Map Page: 999
Municipality: Winona
Rental License?: Yes
School District Phone: 507-494-0861
Map Coordinate Source: King's Street Atlas
House Number: 79
Street Direction Prefix: W
Street Name: Broadway
Street Suffix: Street
Postal City: Winona
County: Winona
State: MN
Zip Code: 55987
Zip Plus 4: 8616
Property ID Number: 320003560
Tax Year: 2023
Tax Amount: 7922
In Foreclosure?: No
Potential Short Sale?: No
Assessment Balance: 78.17
Lender Owned?: No
Tax With Assessments: 8000
Directions & Remarks
Public Remarks: Excellent investment opportunity for onsite or offsite owner/manager. Building was completely gutted to the studs in 2012-2013. Shows like new! Quality materials and cosmetics were put into this 5 plex student rental. Not your standard student rental rehab. Unit #1: 5 bdrm/2 bath rents for $2,25.00.00
#2: 3 bdrm/2 bath rents for $1200.00
#3: 5 bdrm/2 bath rents for $1,300.00, Unit #4: 4 bdrm/2 bath rents for $1,600.00, Unit #5: 5 bdrm/2 bath rents for $1,600.00
See document tab on the MLS for complete building break down on units, rents and expenses. Large off street parking lot, 2 blocks to Winona State University. Shingled roof/Vinyl siding/vinyl windows; all units new from electrical, plumbing, sheet rock, Hvac, kitchens, bathrooms. etc.. Hard wood floors were all re-sanded. Very impressive rehab and a great opportunity for student rental property to add to your portfolio today!
Directions: Corner of Main st and Broadway( 6th St W)
Building Information
Building Finished SqFt: 8000
Building SqFt: 8000
Fractional Ownership: No
Income and Expenses
Annual Gross Income: 88852.62
Lease Details
Land Leased: No
Miscellaneous Information
FIPS Code: 27169
Homestead Desc: Other
Public Survey Info
Range#: 07
Section#: 23
Township#: 107
Structure Information
Sale Includes: Building
Unit Details
Total Units: 5
Property Features
Accessible: None
Air Conditioning: Wall
Amenities Unit: Ceiling Fan(s); Hardwood Floors
Appliances: Dishwasher; Dryer; Gas Water Heater; Microwave; Range; Refrigerator; Washer
CMU Style: Apartment; Low Rise
Construction Status: Previously Owned
Current Use: Residential
Exterior: Vinyl
Fuel: Natural Gas
Heating: Boiler
Internet Options: Fiber Optic
Loan Terms: Cash; Conventional
Lock Box Type: Combo
Lot Description: Corner Lot
No. of Ranges: Five
No. of Refrigerators: Six or More
On Site Utilities: Electric Common; Electric Separate; Heating Common
Owners Expense: Insurance; Janitorial Service; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Driveway - Gravel; Gravel Lot
Rental License Type: Standard
Road Frontage: City Street
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Expenses: Electricity
Water: City Water/Connected
79 6th St W Winona Tax Lot Map.pdf Listing Office: Century 21 Affiliated
Last Updated: June - 01 - 2023
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