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!
Closed
$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
Owner options
What's special
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#: 6635759
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