Listed with Realty Executives Cooper Spransy
Fantastic excellently maintained investment property with extra buildable land offers a unique opportunity not only for investors, but also for developers and/or builders. This +1 acre is located in prime location in Cottage Grove, close to Drumlin Trails Head, downtown businesses, restaurants and elementary schools. There is ample space to build on the land and increase income. The rents also have stayed low for many years and do not reflect the potential income when adjusted. The assessment does not reflect the updates done to the property over the years. All mechanicals are 8 years old, windows on lower levels are 4 years old. Lower level unit completely remodeled 4 years ago. New roof 8 years ago. Easy to maintain, ready to go.
|LAST UPDATED||4/27/2021||YEAR BUILT||1920|
|COMMUNITY||COTTAGE GROVE - V||STATUS||Active|
|PROPERTY TYPE(S)||Multi Family|
|School District||Monona Grove|
|Elementary School||Cottage Grove|
|Jr. High School||Glacial Drumlin|
|High School||Monona Grove|
|AREA||COTTAGE GROVE - V|
|BASEMENT||Full, Full Size Windows/Exposed, Partially finished, Walkout to yard, Yes|
|GARAGE||1 car Garage, Yes|
|HEAT||Fuel - Natural Gas|
|PARKING||1 Car Garage|
|STYLE||2 story, Apartment building|
TOTAL MONTHLY PAYMENT
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