
Courtesy of: Sofia Engel, Keller Williams Premier Realty, sofiaengel@kw.com
$460,000
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16 bed
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Lot: 0.19 Acres
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Other
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$460,000
209 S Minnesota Street Excellent investment opportunity in downtown New Ulm. This 12-unit apartment building offers both immediate income and strong value-add potential. Six units are currently leased, providing in-place revenue. Of the remaining six units, three need only minor updates to become rent-ready, one unit has been fully gutted and is ready for a complete build-out, and two require more extensive repairs. Located in a convenient downtown setting close to amenities, this property offers long-term rental demand and solid upside for an investor ready to complete the renovations. Priced to reflect the work needed, this property is an ideal value-add opportunity.
Courtesy of: Sofia Engel, Keller Williams Premier Realty, sofiaengel@kw.com
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