$290,000
$289,900
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6,969 Sqft Lot
SOLD DATE : 06/23/2022
Key Details
Sold Price $290,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Aud Sub Div 8
MLS Listing ID 6176518
Year Built 1940
Annual Tax Amount $6,580
Tax Year 2022
Lot Size 6,969 Sqft
Property Description
Attention investors! Commercial building in the heart of downtown Cambridge with four residential apartments and three main floor commercial units. Cap Rate at 9.9%, great cash flow, long standing tenants, and excellent downtown location. New roof in 2019, commercial parking area behind building with residential parking leased from adjacent parking lot, one vacancy on main level (665sf office/apt), and lower level storage areas too. Financials and copies of leases upon receipt of signed NDA.
Location
State MN
County Isanti
Zoning Business/Commercial
Interior
Heating Boiler, Hot Water, Steam
Exterior
Garage Asphalt, Units Vary
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Flat,Rubber
Building
Foundation 3391
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Wood Siding
Schools
School District Cambridge-Isanti
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