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965 McMillan St 33 Unit Apartment Building $1,200,000 ($36,364/Unit) Worthington, MN 56187
Investment Highlights
- Excellent Opportunity in Worthington MN!
Executive Summary
Five parcels sit on 2.46 acres of land. Zoned R-4, there is 13,433 square feet on the main level and a full basement granting plenty of space for storage. This property is complete with an elevator, kitchen, 33 rooms, 27 bathrooms, 38 +/- parking spaces, double detached garage, fully sprinkled throughout. Many opportunities to make this property work for you!
Property Facts
| Price | $1,200,000 | Lot Size | 2.46 AC |
| Price Per Unit | $36,364 | Building Size | 13,433 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 33 | Year Built | 1953 |
| Property Type | Multifamily | Parking Ratio | 2.83/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-4 - Residential | ||
| Price | $1,200,000 |
| Price Per Unit | $36,364 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 2.46 AC |
| Building Size | 13,433 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 2.83/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 33 | - | 407 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 31-1844-000 | Improvements Assessment | $1,249,000 |
| Land Assessment | $46,300 | Total Assessment | $1,295,300 |
Property Taxes
Parcel Number
31-1844-000
Land Assessment
$46,300
Improvements Assessment
$1,249,000
Total Assessment
$1,295,300
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965 McMillan St