MLS# 1538204
$1,175,000
ONCE IN A LIFETIME OPPORTUNITY TO OWN THIS FIRE-PROOF BUILT HISTORIC 20-UNIT BUILDING! ONCE THE HOTEL OSCEOLA, NOW A RENOVATED MARKET RATE APARTMENT COMPLEX. CURRENT AVERAGE IN PLACE RENTS OF $662 W/ HUGE POTENTIAL TO INCREASE RENTS TO MARKET $775 PER UNIT. STEAM BOILER WAS REPLACED IN 2009, HALF OF THE WINDOWS REPLACED IN 2010. 12 OF THE 20 UNITS HAVE BEEN RENOVATED TO MARKET STANDARDS. TWO OF THE REMAINING EIGHT APTS. NOT RENOVATED ARE GOING THROUGH A COMPLETE DEMO/RENOVATION SET TO BE COMPLETED BEFORE A POTENTIAL CLOSING IN EALRY SPRING. SELLER'S MOTIVATION IN SELLING IS A 1031 TAX EXCHANGE. SEE MARKETING PACKET FOR MORE DETAILS. NEW ROOF 2020 AND PARKING LOT RESURFACED 2020
Property Info
2018 Taxes | $8,083.00 |
Acres | 0.2783 |
Type | Commercial |
Zoning | Commercial,Residential |
Square Feet | 10500 |
County | Polk |
Exterior Construction | Brick,Stone,Stucco |
Features
Basement | Full |
Cooling | Window |
Foundation | Poured,Stone |
Fuel Source | Steam |
Heating | Hot Water |
Occupancy | At Closing |
Sewer | City Sewer |
Water Service | City-Water |
School Information
Osceola Elementary School
Public - PK-2 - 318 Students
Rating: Not Rated
Distance: 0.62 mi
Osceola Middle School
Public - 6-8 - 387 Students
Rating: 8
Distance: 1.0 mi
Osceola High School
Public - 9-12 - 521 Students
Rating: 7
Distance: 1.18 mi
Osceola Intermediate School
Public - 3-5 - 378 Students
Rating: 6
Distance: 1.4 mi
Saint Croix Falls High School
Public - 9-12 - 308 Students
Rating: 5
Distance: 6.99 mi
Saint Croix Falls Middle School
Public - 5-8 - 367 Students
Rating: 5
Distance: 6.99 mi
Saint Croix Falls Elementary School
Public - PK-4 - 345 Students
Rating: 9
Distance: 7.07 mi
St Anne's School
Private - PK-8 - 133 Students
Rating: Not Rated
Distance: 13.67 mi
Somerset Elementary School
Public - PK-4 - 644 Students
Rating: 6
Distance: 14.57 mi
Somerset Middle School
Public - 5-8 - 433 Students
Rating: 6
Distance: 14.58 mi
Somerset High School
Public - 9-12 - 460 Students
Rating: 5
Distance: 14.65 mi
St Croix Correctional Center
Public - 7-12 - 8 Students
Rating: Not Rated
Distance: 14.77 mi
Mustard Seed Faith Academy
Private - PK-7 - Students
Rating: Not Rated
Distance: 15.28 mi
St Mary S School
Private - PK-8 - 144 Students
Rating: Not Rated
Distance: 16.05 mi
Unity Elementary School
Public - PK-4 - 395 Students
Rating: 4
Distance: 16.17 mi
Unity High School
Public - 9-12 - 267 Students
Rating: 3
Distance: 16.17 mi
Unity Middle School
Public - 5-8 - 274 Students
Rating: 4
Distance: 16.17 mi
New Richmond Starr Elementary School
Public - K-5 - 539 Students
Rating: 7
Distance: 16.74 mi
New Richmond Middle School
Public - 6-8 - 765 Students
Rating: 7
Distance: 16.83 mi
New Richmond Paperjack Elementary School
Public - PK-5 - 332 Students
Rating: 9
Distance: 17.07 mi
Amery High School
Public - 9-12 - 462 Students
Rating: 7
Distance: 17.34 mi
Lien Elementary School
Public - PK-2 - 399 Students
Rating: Not Rated
Distance: 17.38 mi
New Richmond Hillside Elementary School
Public - K-5 - 579 Students
Rating: 8
Distance: 17.68 mi
Amery Middle School
Public - 6-8 - 353 Students
Rating: 7
Distance: 17.7 mi
Amery Intermediate School
Public - 3-5 - 312 Students
Rating: 7
Distance: 17.72 mi
New Richmond High School
Public - 9-12 - 939 Students
Rating: 6
Distance: 17.88 mi
Houlton Elementary School
Public - K-5 - 222 Students
Rating: 8
Distance: 18.54 mi
Data by GreatSchools.org

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Last Updated January 28th 2021