311 Division Street, Millville, MN 55957 - Wabasha County

Great Investment Opportunity 12 Unit Apartment building with over $400k In recent Rehab/Updates Done in the past year located just 20 minutes from Rochester and Lake City. 8 units rebuilt from the studs on up including all new wiring, new plumbing, lvp and laminate flooring throughout, updated internet, insulated between units, spray foamed exterior walls, all new kitchens, baths with exhaust fans, fixtures, hvac, wired for mini split units, flooring, lights, and exterior all new windows and siding, common areas have all been updated with paint, flooring and lighting, off street parking , 2 other units fully refinished, On site office and storage area, 2 coin op laundry areas, large flat lot located Zumbro River Valley great recreation area, fishing, tubing, atv/utv riding and hunting. This is as new a building as you can get without building new, This building has excellent rental history and provides great income stream, 9% cap rate!!

Unique opportunity to pick your own tenants!! Excellent Rental History with limited Competition, Tenants enjoy the small town peaceful living.

Call with any questions or to schedule your showing today.

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