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Active
$165,000
/mo Edit
Commercial:  Other
1 br • 2 ba • Built 2004
0.11 acres
Brandon-Evansville schools
MLS# 7134284
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    Property Description

    Discover a unique investment opportunity in the heart of Evansville! Formerly the local bottle shop, this property has been thoughtfully converted into a one-bedroom, two-bath apartment plus five individual storage units. With every unit currently rented, the property offers immediate income and a diversified rental stream from one convenient location. The apartment features approximately 800 square feet and modern finishes.

    Listing

    Contingency: None
    City: Evansville
    County: Douglas
    State: MN
    Property Style: Other
    Zip Code: 56326
    Subdivision Name: Original Evansville

    Interior

    Appliances Included:
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Garage Spaces: 6
    Garage Dimensions: 20x60
    Garage Size: 1,200 ft2
    Air Conditioning: Ductless Mini-Split
    Foundation Size: 2,000 ft2
    Foundation Dimensions: 20x100
    Handicap Accessible: None
    Heating System: In-Floor Heating
    Parking Features: Gravel

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 46.006623, -95.686971
    Inclusions: Building, Business, Land
    Lot Dimensions: 50 x 125
    Zoning: Industrial

    Schools

    School District: 2908
    District Phone: 3205242263

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,452
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,452

    Income

    Annual Gross Income: $23,422

    Rent

    Annual Net Income: $16,558

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Residential
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.