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MLS # 5347202 - $1,015,000

360 Bench Street - Taylors Falls, MN 55084 - St. Croix Taylors F River

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Property Description

$1,015,000  |  MLS # 5347202  |  360 Bench Street - Taylors Falls, MN 55084

FULLY OCCUPIED AND TURN KEY INVESTMENT ASSET. 8.02% CAP RATE, 14.13 CASH ON CASH RETURN ON ACTUAL CURRENT NUMBERS. FOUR ONE BEDROOM APTS. RENTED ON 2ND FLOOR FOR $850/EACH MAIN FLOOR HAS 4 RENTED AND STABLE COMMERCIAL RETAIL SPACES AND ONE LOWER LEVEL COMMERCIAL SPACE ALSO RENTED. BUILDING RENTS TO A LOCAL BUSINESS BILLBOARD APPROVED BY DNR. SEPARATE PARKING LOT ACROSS STREET IS INCLUDED IN THE SALE.

Property Details

$1,015,000  |  MLS # 5347202  |  360 Bench Street - Taylors Falls, MN 55084

Class: cmu
Acres: 0.127
Lot Size Dimensions: 99x49
Waterfront Type: River View
Waterfront Name: St. Croix River-Taylors F
Garage Description: Paved Lot
Additional Parking: 8
Exterior Type: Brick/Stone
Roof Type: Flat,Age 8 Years or Less
Fuel Type: Natural Gas
Heating Description: Forced Air
Cooling Description: Central
Appliances: Range,Refrigerator
Sewer: City Sewer/Connected
Water: City Water/Connected
Handicap Access: None
Courtesy Listing: Keller Williams Rlty Integrity*

Additional Details

County Name: Chisago
Tax Year: 2019
Taxes: $10,864
Body of Water Name: St. Croix River-Taylors F
Zoning: Residential-Multi-Family,Business/Commercial
Year Built: 1903
School District: 2144 - Chisago Lakes
School District Phone: 651-213-2096
Lender Owned: No

Approximate Location

$1,015,000  |  MLS # 5347202  |  360 Bench Street - Taylors Falls, MN 55084

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