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  • $121,500

    124 E Lincoln St, Caledonia, MN 55921

    --beds
    --baths
    3,600sqft
    Apartment
    Built in 1939
    -- sqft lot
    $-- Zestimate®
    $34/sqft
    $1,024 Estimated rent

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    $1,024/mo

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    $1,024/mo

    Rent Zestimate®

    Refinance and save

    $631/mo

    Est. payment

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    $631/mo

    Est. payment

    What's special

    Add this to your investment portfolio. 5 apartments along with a 1 bedroom bungalow. This property is ready for your ideas for renovation! It offers immense potential for the savvy investor or experienced developer. With solid bones and prime location, this property is ready for you to renovate and unlock its maximum value. While the property does require TLC, including interior and exterior, it presents an exciting chance to create a high-demand rental asset. Located just off the main street in town, they are ideal for walking to the parks, eateries, and schools. Take a look and make this a beauty again!

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2025 at 02:47pm

    Listed by:

    Kelly Meyer 507-450-9395,

    Keller Williams Premier Realty

    Bought with:

    Kelly Meyer

    Keller Williams Premier Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6635759MLS Logo

    Facts & features

    Interior

    Heating
    • Boiler
    Features
    • Basement: Partial
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft
    • Finished area above ground: 2,880
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 8,276 sqft
    • Dimensions: 60 x 137
    Details
    • Foundation area: 1440
    • Parcel number: R210763000
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Wood Siding
    Condition
    • Age of Property: 86
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Caledonia
    • Subdivision: Caledonia

    Other

    Other facts
    • Road surface type: Paved