3200 Maple AVE new Save Request In-Person Tour Request Virtual Tour
Slayton,MN 56172
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6763173
Year Built 1974
Annual Tax Amount $9,839
Tax Year 2025
Contingent None
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 231.5x330
Property Sub-Type Apartment
Property Description
Investment Opportunity: 23-Unit Apartment Building. A prime value-add investment with strong cash flow potential! 14 spacious 2-bedroom units and Nine 1-bedroom units.
Recently installed new roof. Annual gross income: $150,780. Annual operating expenses: $73,700. Annual net operating income: $77,080
This property offers an excellent opportunity to enhance cash flow through active management and upgrades, making it ideal for investors seeking steady income and future growth.
Location
State MN
County Murray
Zoning Residential-Multi-Family
Interior
Heating Baseboard,Boiler,Hot Water
Cooling Wall Unit(s)
Inclusions Building
Fireplace No
Appliance Range,Refrigerator
Exterior
Parking Features Parking Lot
Utilities Available Electric Common,Electric Separate
Roof Type Age 8 Years or Less
Present Use Commercial,Residential
Building
Lot Description Irregular Lot
Story Two
Foundation 10000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick Veneer
Schools
School District Murray County Central