812 Main Avenue Gaylord, MN
$ 595,000
Property Attributes
  • ID#7026235
  • TypeMulti-Family
  • CountySIBLEY
  • CityGaylord
  • Zip55334
  • Style
  • Taxes5074
  • Price$ 595,000
  • Bedrooms20
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9216
  • Lot Size0.85 Acres
Listing Provided Courtesy Of:
Data Source:
REALTOR Association of Southern Minnesota
Property Description

This is a great value add opportunity through market rate rents (Three units currently at market rents). Current rents are below market and have not been increased in years. Potential to increase NOI through expense recapture, bill back of trash, water and sewer. Currently, long term tenants are in place and on a month to month basis. This investment property offers great opportunity for return on your investment.

Price History
2/18/2021 Listed $595,000

General Features

Construction Status Previously Owned
Heating Forced Air
Road Frontage City, Curb/Gutters
Roof Rubber
Sale/rent For Sale
School District Sibley East #2310
Sewer City
Status Active
Stories 1 Story
Style Other
Subdivision MN
Water City
Waterfront No

Interior Features

A/C Unit 1 Window
A/C Unit 2 Window
A/C Unit 3 Window
A/C Unit 4 Window
Appliances 1 Dryer, Range/Stove, Refrigerator, Washer
Appliances 2 Dryer, Range/Stove, Refrigerator, Washer
Appliances Unit 3 Dryer, Range/Stove, Refrigerator, Washer
Appliances Unit 4 Dryer, Range/Stove, Refrigerator, Washer
Basement Material N/A
Basement Style None
Finished SqFt Above Grade 9216

Exterior Features

Approx Lot Dimension 260 x 142
Construction Type Frame/Wood
Exterior Wood
Exterior Amenities Driveway - Asphalt
Foundation Size 9216
Garage Type None
Lot Size Area 0.85


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55334

AVG $270K
AVG $2,959
AVG 62

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