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110-116 Baldwin St
Granite Falls, MN 56241
Riverside Estates · Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • Cash flowing 16 units (2 - 8 unit buildings). Looking for a solid investment property with room to increase cash on cash significantly? This is it.
  • 2 Well maintained 8 unit bldgs. About 1/2 the windows replaced. Exterior recently painted and room to grow rents. 50 year Metal roofs (10 yrs old)
  • 2 BR units-750 SF, 1 BR-700 SF. Water, garbage & hot water included in rents. Tenants pay electricity, cable and internet. Coin Laundry.

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.96 AC
Building Size 12,800 SF
Average Occupancy 100%
No. Stories 2
Year Built 1976
Zoning Multi-family - Apartments 4 Or More Units

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+1 14 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-180-0110
Land Assessment
$28,700
Improvements Assessment
$275,800
Total Assessment
$304,500
  • Listing ID: 35310552

  • Date on Market: 3/30/2025

  • Last Updated:

  • Address: 110-116 Baldwin St, Granite Falls, MN 56241

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