18
See all 18 photos
$469,000
Est. payment /mo
0.25 Acres Lot
New
425 2nd AVE NW Milaca, MN 56353
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Second Add To Milaca
MLS Listing ID 6735485
Year Built 1941
Annual Tax Amount $8,678
Tax Year 2025
Contingent None
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Turnkey 6-Unit Investment Property. Rock-solid concrete construction + long-lasting metal roof = low maintenance and peace of mind. This well-maintained 6-unit apartment building sits in a quiet, desirable area with strong rental demand. Each unit offers stable cash flow, and shared coin-operated laundry adds bonus income. Convenient location close to shops and schools.
Location
State MN
County Mille Lacs
Zoning Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Boiler, Hot Water
Cooling Window Unit(s)
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Detached, No Int Access to Dwelling
Garage Spaces 4.0
Utilities Available Electric Separate
Roof Type Age Over 8 Years,Metal
Present Use Residential
Building
Story Two
Foundation 2736
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Metal Siding
Schools
School District Milaca
Listed by Ann Kent • Edina Realty, Inc.