For Sale
$649,900
180 St Croix Trl Lakeland, MN 55043
Riverfront Apartment Building, 3 Units
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Prime Lakeland, MN location, minutes from Afton, Hudson, and Stillwater.
- Three-unit apartment building totaling 3,000 square feet on a 0.34-acre lot.
- Strong 6.15% cap rate with a current NOI of $40,000.
- Unit mix: two one-bedroom/one-bathroom units (month-to-month leases) and one two-bedroom unit (vacant at closing).
- Recently updated exterior with new roof, gutters, driveway, soffit, fascia, brick molding, cedar fence, landscaping, lighting, and exterior paint.
Property Details for 180 St Croix Trl
- Property type
- Apartment buildings
- Square Feet
- 3,000 SF
- Class
- C
- Year Built/Renovated
- 1958/2021
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 14,810 SF
- Units
- 3
Location Insight
- City
- Lakeland
- County
- Washington
- State
- Minnesota
- Latitude
- 44.951218458342
- Longitude
- -92.771381735365
Nearby Comparable
FAQs
- What type of property is this?
- Apartment building - Riverfront Apartment Building, 3 Units
- Where is the apartment building located?
- The property is located at 180 St Croix Trl Lakeland, MN.
- What is the asking price?
- The asking price for this property is $649,900.
- What are key features of this property?
- This property features: Prime Lakeland, MN location, minutes from Afton, Hudson, and Stillwater.; Three-unit apartment building totaling 3,000 square feet on a 0.34-acre lot.; Strong 6.15% cap rate with a current NOI of $40,000.
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