100 State Ave S
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100 State Ave S
6 Unit Apartment Building $450,000 ($75,000/Unit) New Germany, MN 55367
EXECUTIVE SUMMARY
Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!
PROPERTY FACTS
| Price | $450,000 | Building Class | C |
| Price Per Unit | $75,000 | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 8,196 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2010 |
| Property Subtype | Apartment | Parking Ratio | 1.22/1,000 SF |
| Apartment Style | Low Rise |
| Price | $450,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 8,196 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2010 |
| Parking Ratio | 1.22/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 55.0500530 | Improvements Assessment | $254,600 |
| Land Assessment | $35,900 | Total Assessment | $290,500 |
PROPERTY TAXES
Parcel Number
55.0500530
Land Assessment
$35,900
Improvements Assessment
$254,600
Total Assessment
$290,500
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100 State Ave S
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