Listed By
Agency Name: Lentsch Company
Agency Phone: 651-335-5464
Shown By
Agent Name: Chad Piepho, Broker
Agent Phone: (218) 963-MOVE
Agency Title: Counselor Realty
Property Description
49 total apartment units. 48 one bedroom units, one 2 bedroom unit. 4 buildings total. Three 16 unit buildings. The fourth building includes office , community room and two bedroom apartment. On linear pond to the South. Plenty of off parking. Brand new electric panels in all four buildings. Common laundry rooms in each building. Wall ACs. Close to parks and playground. Two sheds included. Possibly room on property for community gardens. *property needs updating approximately half the units are vacant. A couple+ are gutted.**Affordable housing under a Section 8 contract, that the buyers will need to get 2530 Clearance with HUD- HUD contract til 2035** Sold As isGross rent is Pro-Forma3 Roofs in the last 8 -10 years. All the electric panels plus -basically brand new. Conveniently located in town of Olivia.
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500 S 13th Street, Olivia, MN 56277
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500 S 13th Street, Olivia, MN 56277
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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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500 S 13th Street | MLS# 7018242
This commercial property located at 500 S 13th Street, Olivia, MN 56277 is currently listed for sale with an asking price of $674,900. S 13th Street is located within the Bird Island-Olivia-Lake Lillian school district. Search Olivia real estate on www.brainerdlakeshore.com today.