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Active
$950,000
/mo   Edit
MLS# 4995581
419 and 427 NW Bryant Avenue NW
Renville, MN 56284
Commercial
0.792 acres
Built 1977  ●  Renville county West schools
Info: 763-576-8286
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    Description:   The two 8 unit buildings with exteriors of siding, stone accents and mansard roof. Each building consists of 7 spacious 2 bedroom units , 2 one bedroom units and a shared laundry room. The buildings have been very well maintained by the owner and have many upgrades in the apartments such as newer cabinets, bathrooms and carpet. Cash or new financing.
    List Price: $950,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1977
    City: Renville
    Zip Code: 56284

    Interior

    Building Fin Sq Ft: 15,360 ft²
    Appliances Included: Range, Exhaust Fan/Hood, Refrigerator
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: None

    Exterior

    Air Conditioning: Wall
    Heating System: Hot Water
    Foundation Size: 3,840 ft²
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities: Natural Woodwork, Ceiling Fan(s), Tiled Floors
    Road Frontage: City, Paved Streets, Curbs
    Handicap Accessible: None
    Exterior Material: Vinyl, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 0
    Roof Details: Flat

    Rooms

    Shared Rooms: Other

    Lot

    Acres: 0.792
    Lot Description: Tree Coverage - Light
    Latitude: 44.78987800
    Longitude: -95.21793900
    Lot Size Dim.: 150' x 220'
    Dev/Complex Name: Bryant Avenue Apartments
    Zoning: Residential-Multi-Family

    Schools

    School District: 2890 - Renville county West
    District Phone: 320-329-8362

    Expenses

    Annual Caretaker Expense: $9,600
    Annual Electric Expense: $750
    Annual Maintenance Expense: $10,380
    Annual Gross Expense: $40,793
    Annual Water/Sewer Expense: $750
    Owner Expenses: Taxes, Insurance, Water/Sewer, Snow, Lawn

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $8,240
    Assessment Pending: No
    Taxes w/ Assessments: $8,440

    Income

    Annual Gross Income: 107400.00
    Total Annual Income: $107,400
    Total Monthly Income: $8,650
    Misc. Annual Income: $3,600
    Misc. Monthly Income: $300
    Total Annual Rent 1: $11,400
    Total Annual Rent 2: $92,400

    Rent

    Annual Net Income: $66,607
    Annual Rent: $11,400

    Unit

    Total Rooms in Unit 1: 2
    Total Rooms in Unit 2: 14
    Total Rooms in Unit 3: 0
    Total Units: 16
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Miscellaneous: Single Phase
    Owner Occupied: N
    Sale Includes: Building, Land, Fixture/Equipment, Leases
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Richard Smyth
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    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Summerhill Commercial Real