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242 Basil St
Taylors Falls, MN 55084
Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 1.34 AC |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.5/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Yard
- Deck
- Pantry
- Patio
- Smoke Free
Site Amenities
- Laundry Facilities
About 242 Basil St , Taylors Falls, MN 55084
ANGEL HILL APARTMENTS HAS THE BEST VIEWS ATOP THE BLUFFS IN TAYLORS FALLS, MN. THIS 8-UNIT WAS BUILT IN 1980 ON THE OLD SCHOOL SITE BY A LOCAL ELECTRICIAN AND HAS BEEN WELL CARED FOR OVER THE YEARS. FULLY OCCUPIED AND EASY TO RENT. THE UNITS ARE LARGE AND HAVE EAT-IN-KITCHENS AND HAVE ROOM TO PUSH RENTS IN SPRING OF 2018. FOUR DETACHED GARAGES HAVE A WAITING LIST AND RENT FOR $50/MONTH. SLAB ON GRADE CONSTRUCTION. MAIN FLOOR HAS MAYTAG COIN OPERATED LAUNDRY MACHINES THAT BRING IN ROUGHLY $140.00 A MONTH. LARGE CLOSETS IN THE SECOND FLOOR APARTMENTS. THERE IS VALUE IN THE LAND SITTING ON 1.34 ACRES. PREVIOUS OWNER HAD PLANS TO DEVELOPE ANOTHER 6-8 APARTMENTS ON THE SOUTH SIDE IOF THIS LOT. THIS BUILDING WOULD MAKE A GREAT CONDO CONVERSION!!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $740.00 | 728 - 760 |
PROPERTY TAXES
| Parcel Number | 20-00267-00 | Improvements Assessment | $621,200 |
| Land Assessment | $120,000 | Total Assessment | $741,200 |
PROPERTY TAXES
zoning
| Zoning Code | ST |
| ST |
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