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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 |
Links
Property Taxes
| Parcel Number | 30.572.0241 | Improvements Assessment | $945,900 |
| Land Assessment | $118,000 | Total Assessment | $1,063,900 |
Property Taxes
Listing ID: 12947781
Date on Market: 6/20/2018
Last Updated:
Address: 400 4th Ave SW, Wells, MN 56097
