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Jon Severson

jon@seversonre.com +1(763) 639-3763

$ 349,900

Est. payment -/mo

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10 1st AVE NW Wells, MN 56097

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Village/Wells

MLS Listing ID 7016268

Year Built 1948

Annual Tax Amount $6,334

Tax Year 2025

Contingent None

Lot Size 6,969 Sqft

Acres 6969.6

Lot Dimensions 70x100

Property Description

10-unit apartment building for sale, stand alone building in Wells, MN. Self-sustained asset with recent improvements and improved tenancy. 2 studios, 4 single bedrooms, 4 two-bedrooms units. Owner laundry: washer and dryer - not coin operated. Unfinished basement used for storage and supplies. Other rental storage spaces for future opportunity. On street parking. 1 vacancy of a 2-bedroom unit currently being remodeled. Great opportunity for long tern or short term lease.

Location

State MN

County Faribault

Zoning Residential-Multi-Family

Rooms

Basement Storage Space, Unfinished

Interior

Heating Baseboard, Boiler, Forced Air

Cooling Window Unit(s)

Inclusions Building, Leases

Fireplace No

Exterior

Parking Features On-Street Parking Only

Fence None

Pool None

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Flat,Rubber

Present Use Residential

Building

Story Two

Foundation 3481

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District United South Central

Listed by Dylan Maitland • RE/MAX Results

Jon Severson

Broker Associate

+1(763) 639-3763

Jon Severson

10 1st AVE NW Wells, MN 56097

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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10 1st AVE NW