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Listed price in listed location currency (USD).
$999,900

006

MLS® 7036914

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Taxes $13,792
Days Active 33
Lot Size 
Approx. Age 1969
MLS® Number 7036914

Property Address: 314 County Road 8, Rockville, MN, 56369-2200

Average square foot calculated using Size range provided by listing agent.

Description

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140, 000 in annual gross income on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 5 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, and nearly all units have been updated such as the three units in photos with newer flooring, paint, kitchen, appliances, bathrooms & fixtures. Two new sets of coined washer/dryer for additional income. Hot water boiler heat the owner pays for gas, plus water, sewer, garbage, snow removal and lawn care. Tenants pay for electric heat with 16 separate electric meters and AC units on 60 amp fuses. 6 garage stalls and blacktop parking lot. Annual expenses Include: Insurance $9, 365, Taxes $13, 950, Garbage $6, 500 Water/Sewer $12, 000, Electric $3, 800, Gas $7, 500 This is a rare find and opportunity to own a TURN KEY cash flowing apartment building.
MLS® Number7036914
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1969
Basement
DrivewayDetached Garage, Asphalt, Multiple Garages, Paved Lot, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$999,900List Price
  • Commute

Commute

Starting Address
Destination Address
314 County Road 8, Rockville, MN

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