Listed By
Agency Name: Weichert REALTORS Tower Properties
Agency Phone: 320-262-7787
Shown By
Agent Name: Jan Wentland
Agent Phone: (612) 791-8260
Agency Title: Counselor Realty
Property Description
Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates. A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features.The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
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215 S 5th Street, Montevideo, MN 56265
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215 S 5th Street, Montevideo, MN 56265
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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215 S 5th Street | MLS# 7009752
This commercial property located at 215 S 5th Street, Montevideo, MN 56265 is currently listed for sale with an asking price of $919,900. S 5th Street is located within the Montevideo school district. Search Montevideo real estate on www.janwentland.com today.