$279,000
Baudette, MN 56623
MLS# 5581773
Status: Closed
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Property Description
Fabulous cash flow commercial rental property located on Main Street in downtown Baudette. Property offers 6 fully renovated residential apartments at full occupancy, 5 commercial rental spaces, updated furnace/roof/windows, and cap. rate of 10.
Details
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2020-06-15
Current Price: $215,000
Sales Close Date: 2020-07-29
Sales Close Price: 215000
Original List Price: 299000
Contingency: None
ListPrice: 279000
List Date: 2019-06-22
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1939
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 15400
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 50x140
Assessment Pending: No
Location, Tax and Other Information
Legal Description: LOTS 8, 9 & N. 6' OF 10, BLOCK 6 17 BAUDETTE SECTION 2 TOWNSHIP 160 RANGE 31
Map Page: 999
Rental License?: No
School District Phone: 218-634-2735
Map Coordinate Source: King's Street Atlas
House Number: 105
Street Name: Main
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Baudette
County: Lake of the Woods
State: MN
Zip Code: 56623
MLS Area: Baudette
Property ID Number: 605006080
Tax Year: 2019
Tax Amount: 6782
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 6782
Directions & Remarks
Public Remarks: Fabulous cash flow commercial rental property located on Main Street in downtown Baudette. Property offers 6 fully renovated residential apartments at full occupancy, 5 commercial rental spaces, updated furnace/roof/windows, and cap. rate of 10.
Directions: In Downtown Baudette: on west side of Main Ave. N. Property sits between Baudette Municipal Liquor and Noble Drug.
Building Information
Building Finished SqFt: 15400
Building SqFt: 15400
Green Verification
Green Certification: No
Lock Box Type
Lock Box Source: BMJ
Miscellaneous Information
FIPS Code: 27077
Homestead Desc: Other
Public Survey Info
Range#: 31
Section#: 2
Township#: 160
Structure Information
Sale Includes: Building,Land,Leases
Unit Details
Total Units: 6
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Central
Construction Status: Previously Owned
Current Use: Business Service; Residential
Exterior: Block
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Boiler; Radiant
Lock Box Type: None
On Site Utilities: None
Parking Characteristics: On-Street Parking Only
Road Frontage: City Street; Paved Streets; Sidewalks
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Reed Realty
Last Updated: February - 04 - 2021
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