MN > Granite Falls > Evans Park 2Nd Add
Granite Falls, MN 56241,116 Baldwin ST
Granite Falls, MN 56241,116 Baldwin ST
Granite Falls, MN 56241,116 Baldwin ST
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$800,000
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0.83 Acres Lot
Pending

116 Baldwin ST Granite Falls, MN 56241

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Team Steady

Team Steady

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Evans Park 2Nd Add

MLS Listing ID 6690933

Year Built 1976

Annual Tax Amount $7,484

Tax Year 2024

Contingent None

Lot Size 0.830 Acres

Acres 0.83

Lot Dimensions Common

Property Sub-Type Apartment

Property Description

Cash flowing 16 units (2 - 8 unit buildings). Looking for a solid investment property with room to increase cash on cash significantly? This is the one. Never any vacancy unless wanted for unit turns.
Chippewa County has a strong need for affordable rental property. This property has 2 well maintained 8 unit buildings. 50% of the windows have been replaced. The exterior was recently painted and there is room to grow rents. 50 year Metal roofs on both buildings (approximately 10 years old). 2 BR units are 750 SF, 1 BR are 700 SF. Water, garbage and hot water are included in the rents. Tenants pay electricity, cable and internet. Coin operated laundry. Contact agent for P/L and showings. Strong, low maintenance, income producing property. Remaining showings cancelled, an offer has been accepted - 4/8/25

Location

State MN

County Chippewa

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Baseboard

Cooling Wall Unit(s)

Inclusions Building, Land, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Asphalt, Gravel

Utilities Available Electric Separate

Roof Type Age Over 8 Years

Present Use Residential

Building

Lot Description Corner Lot, Some Trees

Foundation 3200

Sewer City Sewer/Connected

Water City Water - In Street

Structure Type Brick/Stone,Metal Siding,Vinyl Siding,Wood Siding

Schools

School District Yellow Medicine East

Listed by David Meyer • RE/MAX Advantage Plus

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agent

Team Steady

+1(952) 607-7436

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116 Baldwin ST

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