For Sale: Hancock MLS# 6714262
Active
NEW!
$519,000
Commercial: Apartments
Built 1997
0.86 acres
Hancock schools
MLS# 6714262
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Property Description
8 plex apartment building in Hancock MN. Extremely well kept and maintained. 8 garage spaces and building and grounds in excellent ready to buyer and manage opportunity. Contact Carol Raw CEO President at 320-589-4917 or Administrator Jina Marlow at 320-589-4900
Listing
Listing Status:
Active
Contingency:
None
List Price:
$519,000
Property Type:
Commercial
City:
Hancock
Garage Spaces:
8
County:
Stevens
Year Built:
1997
State:
MN
Property Style:
Apartments
Zip Code:
56244
Subdivision Name:
Co Sub
Interior
Ceiling Height:
8-10
Ranges:
Six or More
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
Exterior
Stories:
One
Garage Spaces:
8
Garage Dimensions:
52x30
Garage Size:
1,560 ft2
Garage Door Height:
7
Garage Door Width:
8
Other Parking Spaces:
0
Foundation Size:
12,317 ft2
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, Partially Wheelchair
Heating System:
Baseboard
Parking Features:
- Asphalt
- Attached Garage
- Detached
- Multiple Garages
- Open
- Unassigned
Unit Amenities:
- Natural Woodwork
- Other
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
- Amusement/Party Room
- Community Room
Lot & Land
Acres:
0.86
Geolocation:
45.500521, -95.79592
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
145 x 265
Addl Parcels:
210278001
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Some Trees
Farm
Topography:
Level
Schools
School District:
768
District Phone:
320-392-5622
Expenses
Annual Gross Expense:
$6,500
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,130
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,130
Income
Annual Gross Income:
$76,465
Rent
Annual Net Income:
$11,465
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.