For Sale
$800,000

9 8Th AveKasson, MN 55944

Strong Investment Opportunity in Kasson, MN

Overview

Added:
Feb 3
Days on market:
65
This exceptional 8-unit apartment building, situated at 9 8th Avenue NW in Kasson, Minnesota, presents a compelling investment opportunity. Boasting a substantial 6,290 square feet of living space on a 0.47-acre lot, this property is ideally located just 20 minutes from Rochester, MN. Recent renovations have significantly enhanced the property's value and appeal. These upgrades include the replacement of all windows and the boiler system, ensuring efficient and cost-effective operation. All plumbing fixtures have been updated, and energy-efficient LED lighting has been installed throughout. Modern LVP flooring, fresh paint, and new countertops contribute to a contemporary and attractive living environment for tenants. Dodge County boasts an impressively low vacancy rate of less than 1%, indicating a strong and stable rental market. This low vacancy rate underscores the high demand for rental properties in the area, making this a particularly attractive investment prospect with significant potential for strong returns. The asking price for this well-maintained and updated multi-family property is $800,000. This represents a rare chance to acquire a turnkey investment property in a thriving market. The combination of recent renovations, desirable location, and low vacancy rates makes this an exceptional opportunity for discerning investors.

Property Details for 9 8Th Ave

Property type
Apartment buildings
Square Feet
6,290 SF
Year Built
1978
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Kasson
County
Dodge
State
Minnesota
Latitude
44.02984
Longitude
-92.75861
9 8Th Ave, Kasson, Minnesota

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9 8Th Ave
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