6
  • Property Type
  • Multi-Family
  • 4,740 SF
  • Area Size
  • 0.58 Acres
  • Land Area
  • Unpaved lot
  • Parking
  • $22,131 (Annual Taxes)
  • Tax & CAM

Pending: Fully Leased Apartment

  • Pending

Description

Investment Opportunity in Historic Stillwater

Welcome to the 114 Olive St W & 218 3rd St building in charming Stillwater, MN! This fully leased two-story, 5-unit apartment offers a prime redevelopment opportunity or steady rental income. Located just three blocks from vibrant Main Street, this property sits on 0.5 acres with frontage on Olive St. W and Third Street. With zoning for Medium-Density Multi-Family, this property is a lucrative find. The unit layout includes three 2-bedroom units and two 1-bedroom units, ensuring a steady flow of rental income. Features like laundry facilities on-site and private entrances for each unit add value and convenience for tenants. Don’t miss out on this excellent investment opportunity in a sought-after location.

**Please note: 48 hour notice is required for all showing requests. No weekend showings, available times are Mon-Thurs 11:00am-4:00pm. 
  • Address: 114 Olive Street W
  • City: Stillwater
  • State: Minnesota
  • Zip/Postal Code: 55082

Details

  • Rate Pending
  • Available 4,740 SF Available
  • Land Area 0.58 Acres Available
  • Property Type Multi-Family
  • Parking Unpaved lot
  • Tax & CAM $22,131 (Annual Taxes)

Additional details

  • # of Units Five (5) total Units
  • Zoning RCM-Medium Density
  • Unit Layout Three: 2-Bedroom units | Two: 1-Bedroom units
  • Pricing Breakdown $895,000 Total (Building: $650,000 | Land: $250,000)

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