805 S Cedar Avenue, Owatonna, MN
$399,900
9
Beds
6
Baths
1,057
Square feet
0.30
Acres
About 805 S Cedar Avenue
Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates include new flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system. 6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.
Features of 805 S Cedar Avenue
| MLS® # | 7106242 |
|---|---|
| Price | $399,900 |
| Square Footage | 1,057 |
| Acres | 0.30 |
| Year Built | 1896 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 805 S Cedar Avenue |
|---|---|
| Subdivision | Phelps Add |
| City | Owatonna |
| County | Steele |
| State | MN |
| Zip Code | 55060 |
Amenities
| Utilities | None Available |
|---|---|
| Parking | Detached Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Other |
|---|
School Information
| District | Owatonna |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,474 |
| Tax Year | 2026 |
| Office | RE/MAX Advantage Plus |
Listing Details
| Office | RE/MAX Advantage Plus |
|---|