400 4th Ave SW | Wells, MN 56097
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- LoopNet Team
400 4th Ave SW
Wells, MN 56097
Wellington Estates · Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Tub/Shower
- Yard
- Dining Room
- Family Room
- Linen Closet
- Office
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
ABOUT 400 4TH AVE SW , WELLS, MN 56097
"AS IS" 14 unit 2 Story Apartment Building, consisting of 4-3brdm, 8-2bdrm, 2-1bdrm units, 2 Laundry Rooms one on each floor, 10 Car Detached Garage. Structural Building SF 18,226-Overall 93,457 SF. Currently this property was damaged in fire on 08/05/2017 and stands as a Structural Shell and is in need of Renovation. The Listed price of $300,000.00 is based of the assessed Market Value without improvements which is $80,000.00 less than the actual Market Value assessed price.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+5 | 14 | $1,063 | 700 - 1,400 |
PROPERTY TAXES
| Parcel Number | 30.572.0241 | Improvements Assessment | $945,900 |
| Land Assessment | $118,000 | Total Assessment | $1,063,900 |
PROPERTY TAXES
Parcel Number
30.572.0241
Land Assessment
$118,000
Improvements Assessment
$945,900
Total Assessment
$1,063,900
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