242 Basil Street, Taylors Falls, MN
$999,000
8,050
Square feet
1.34
Acres
About 242 Basil Street
Croixview Apartments is a very unique opportunity to acquire an 8-unit apartment asset situated in the scenic St.Croix river bluffs in Taylors Falls, MN. You can not beat the location and privacy sitting on 1.34 acres of land. All the units are two-bedroom, one full bathroom, with approximately 880 SqFt. The tenants pay for their unit electric which covers lights, baseboard heating, appliances, water heaters, and wall air conditioners. Owners pay for common area electric, water and sewer, and trash. The upper pitched part of the roof was replaced. The four apartments on the riverside either have a patio or balcony. There is plenty of off-street parking and a detached four-car garage for extra income. The residents enjoy having on-site coin operated washer and dryer location on the main floor. Average in place rent is $941.87. The building was constructed in 1980 and is currently 100% occupied! Ready for a new owner to take over and make their own!!
Features of 242 Basil Street
| MLS® # | 6790333 |
|---|---|
| Price | $999,000 |
| Square Footage | 8,050 |
| Acres | 1.34 |
| Year Built | 1980 |
| Type | Commercial |
| Sub-Type | Apartment Building |
| Style | Apartment |
| Status | Pending |
| Contingency Type | None |
Community Information
| Address | 242 Basil Street |
|---|---|
| Subdivision | Taylors Falls |
| City | Taylors Falls |
| County | Chisago |
| State | MN |
| Zip Code | 55084 |
Amenities
| Amenities | None |
|---|---|
| # of Garages | 4 |
| Garages | Gravel, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Baseboard |
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | None |
Exterior
| Roof | Age 8 Years or Less, Asphalt |
|---|---|
| Construction | Fiber Board |
School Information
| District | Chisago Lakes |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $12,782 |
| Tax Year | 2024 |
| Office | Apartment Cash Flow, Inc. |
Listing Details
| Office | Apartment Cash Flow, Inc. |
|---|