For Sale: Jackson MLS# 7062999
Active
NEW!
$800,000
Commercial: 2 Stories
10 br • 6 ba • Built 1961
0.112 acres
Jackson County Central schools
MLS# 7062999
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Property Description
Fully renovated 5-unit multifamily investment opportunity offering immediate cash flow, plus a separate single-family home for a total of 6 units. The multifamily building has been thoughtfully reimagined with modern upgrades and strong income stability. Unit mix includes one 3BR/1.5BA open-concept unit, three 2BR/1BA units, and one 1BR/1BA with balcony access. Extensive renovations include new flooring, updated wiring, new electrical systems, and new plumbing throughout. Mechanical improvements feature five new HVAC systems and four on-demand water heaters. Each unit has its own breaker box and is separately metered. Unit 6 is a 4BR/1.5BA single-family home with original character, abundant storage, and a tuck-under garage. All units are occupied with leases in place, creating a turnkey investment with long-term value.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Commercial
City:
Jackson
Garage Spaces:
2
County:
Jackson
Year Built:
1961
State:
MN
Property Style:
2 Stories
Zip Code:
56143
Subdivision Name:
Original Town-Jackson
Interior
Bedrooms:
10
Bathrooms:
6
Flooring:
Carpet, Luxury Vinyl Tile
Refrigerators:
Five
Appliances Included:
- Dishwasher
- Range
- Refrigerator
- Tankless Water Heater
Basement Details:
- Shared Access
- Storage/Locker
Exterior
Stories:
Two
Garage Spaces:
2
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
3,202 ft2
Foundation Dimensions:
52 x 64
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Hot Water
Parking Features:
- Tuckunder Garage
- Unassigned
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
Roof Details:
Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.112
Geolocation:
43.622026, -94.990212
Inclusions:
Building
Lot Dimensions:
99 x 82
Addl Parcels:
232001980
Zoning:
Residential-Single Family
Lot Description:
Corner Lot
Schools
School District:
2895
District Phone:
5078473608
Expenses
Tenant Expenses:
Cable TV, Electricity, Telephone, Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,078
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,132
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.