Owatonna, MN 55060,717 S Cedar AVE
Owatonna, MN 55060,717 S Cedar AVE
Owatonna, MN 55060,717 S Cedar AVE
Owatonna, MN 55060,717 S Cedar AVE
Owatonna, MN 55060,717 S Cedar AVE
Owatonna, MN 55060,717 S Cedar AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
10
Mar
Tue
11
Mar
Wed
12
Mar
$ 398,000
Est. payment | /mo

0.46 Acres Lot


Save
$ 398,000
Est. payment | /mo
Save

0.46 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Phelps Add

MLS Listing ID 6653271

Year Built 1893

Annual Tax Amount $3,704

Tax Year 2024

Contingent None

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 82.30 x 74

Property Sub-Type Apartment

Property Description

Income-Producing 7 unit property in the Heart of Owatonna!

Discover this exceptional cash-flow-generating property perfectly situated in the vibrant heart of Owatonna. Boasting historic charm with updates throughout, this property is an ideal investment for those seeking minimal maintenance and steady income.

Upgrades include a new roof, newer energy-efficient windows, and fresh paint throughout, ensuring long-term durability and appeal. The property's historic character shines through with unique architectural details, while thoughtful updates enhance its functionality and desirability.

Whether you're a seasoned investor or a first-time buyer, this property offers an incredible opportunity to generate income while owning a piece of Owatonna's rich history. Don't miss out on this rare find!

Contact us today for a private tour or more details.

Location

State MN

County Steele

Zoning Residential-Multi-Family

Interior

Heating Baseboard

Cooling Window Unit(s)

Inclusions Fixture/Equipment, Leases

Fireplace No

Appliance Cooktop, Freezer, Gas Water Heater, Refrigerator

Exterior

Parking Features Gravel, Unassigned, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt

Present Use Residential

Building

Foundation 1794

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Wood Siding

Schools

School District Owatonna

Listed by Sophia Starks • Berkshire Hathaway Advantage Real Estate

Learn More About LPT Realty

Tour the Home

717 S Cedar AVE