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- LoopNet Team
4776 Hermantown Rd
Hermantown, MN 55811
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Smoke Detector
ABOUT 4776 HERMANTOWN RD , HERMANTOWN, MN 55811
Owner Retiring after 20+ years of building a profitable, respected, well maintained, diverse 13 rental property portfolio with a unique tenant base in the Northland which has undergone numerous upgrades and remodels so that all major building components have been addressed. Only vacancies have been during upgrades/remodels. Offering at a 4.5% CAP Rate with over $200k NOI with a couple properties still having significant development opportunities based on unique zoning in Hermantown. OWNER/AGENT. More details provided upon request and signed NDA. Owner/agent. 2 missing properties are located in Hibbing & Coleraine, MN.
PROPERTY TAXES
| Parcel Number | 395001007098 | Improvements Assessment | $121,200 |
| Land Assessment | $56,500 | Total Assessment | $177,700 |
PROPERTY TAXES
