805 Inman Street, Henning, MN 56551 (MLS# 20-25379)



$439,000
805 Inman Street
Henning, MN 56551
MLS# 20-25379
19 beds  |  18096 sqft


805 Inman Street, Henning, MN 56551
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Property Description
This 8-unit Apartment building with a detached 8 stall garage is well kept and offers a historically reliable occupancy rate. Updates in the past 8 years include a new roof, kitchen appliances (stove, refrigerator) and carpeting. There are (3) three bedroom and (5) two bedroom apartments. There is chiropractic/physical therapy services right next door and Tri-County Health Care Clinic services in town as well. This is a great investment opportunity with a better than average cap rate. This includes a vacant lot east of the garage.

Details
Maps
Documents
None
Current Price: $439,000
Status Change Info
Status: Active
Contract Information
List Price: $439,000
Agent Relationship: No
Lender Owned: No
General Property Information
# Units: 8
Construction Status: Previously Owned
Style: Manor/Village
Stories/Levels: 2 Story
Total Floors: 2
Year Built: 1994
Garage Spaces: 8
# Off Street Parking: 8
Total Bedrooms: 19
Finished Above Grade: 9048
Finished Below Grade: 9048
Total Fnsh'd SqFt: 18096
Approx Nbr of Acres: 1.84
Aprox Lot Dimensions: 200' x 400'
Waterfront: No
Waterfront Name: None
% Ownership: 100
Association Fee: No
Location, Tax and Other Information
House Number: 805
Street: Inman
Street Abbreviation: Street
County: Otter Tail
Postal City: Henning
State/Province: MN
Zip Code: 56551
Geo Lat: 46.317752
City/Rural: City
Geo Lon: -95.446434
Tax Classification: Non-Homestead
Tax Year: 2018
Tax Amount: 2832
Assessments: No
Taxes w/Assessments: 3184
Rental License: No
School District: Henning #545
Directions & Remarks
Directions: Old Hwy 67 into Henning, property on the left.
Unit 1
Unit #: 1
Level: 1
Total Rooms: 5
Total Bedrooms: 2
Total Baths: 1
Full Baths: 1
SqFt: 925
Monthly Rent $: 620
Unit 2
Unit #: 2
Level: 1
Total Rooms: 6
Total Bedrooms: 2
SqFt: 984
Monthly Rent $: 595
Unit 3
Unit #: 3
Level: 1
Total Rooms: 5
Total Bedrooms: 3
Total Baths: 1
Full Baths: 1
SqFt: 1090
Monthly Rent $: 695
Unit 4
Unit #: 4
Level: 1
Total Bedrooms: 3
Total Baths: 1
Full Baths: 1
SqFt: 1025
Monthly Rent $: 670
Property Features
Basement Material: N/A
Basement Style: Slab
Basement Features: N/A
Construction Type: Frame/Wood
Exterior: Vinyl
Heat: Radiant
Fuel: Natural Gas
Garage Type: Detached
Roof: Asphalt Shingles
Owner Expenses: Cable TV; Electric; Fuel; Janitorial; Lawn; Maint/Repair; Snow
Amenities - Exterior: Balcony; Driveway - Concrete; Patio
Amenities - Shared: Coin-op Laundry Ownd
Terms: Cash
Unit 1 Air Cond: Wall
Unit 1 Applances: Range/Stove; Refrigerator
Unit 1 Amenities: Garage Door Opener
Unit 2 Air Cond: Wall
Unit 2 Appliances: Range/Stove; Refrigerator
Unit 2 Amenities: Garage Door Opener
Unit 3 Air Cond: Wall
Unit 3 Appliances: Range/Stove; Refrigerator
Unit 3 Amenities: Garage Door Opener
Unit 4 Air Cond: Wall
Unit 4 Appliances: Range/Stove; Refrigerator
Unit 4 Amenities: Garage Door Opener

Listing Office: Weichert RE - Paulson Land Co

Office Email: slyoung5@arvig.net

Last Updated: March - 15 - 2019

The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Sunday 24th of March 2019 12:06 PM