702 7th Street Southwest

Roseau, MN 56751

$1,799,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible 24 unit apartment building located in the heart of Roseau, MN. This property is walking distance to the hospital, Polaris and other thriving businesses in the community. It's currently being used for a senior assisted living facility and is fully handicap accessible but that business is not included in the sale. There are 24 units with one bed/one bath and full kitchen layouts along with many common amenities. Some of the shared amenities include a community kitchen, movie/media room,...Incredible 24 unit apartment building located in the heart of Roseau, MN. This property is walking distance to the hospital, Polaris and other thriving businesses in the community. It's currently being used for a senior assisted living facility and is fully handicap accessible but that business is not included in the sale. There are 24 units with one bed/one bath and full kitchen layouts along with many common amenities. Some of the shared amenities include a community kitchen, movie/media room, patios with raised garden beds, coin-op laundry and more. This building is in immaculate condition and well maintained over the years. With no needed improvements and many value add opportunities this can make for a one of a kind investment property. Call today to schedule a viewing and discuss future opportunities.
  1. Listed by Reed Realty

Property Details for 702 7th Street Southwest

Subdivision Name
Klemas 3rd Add
Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of Reed Realty
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LISTING UPDATED: 05/21/2024 06:12 AM

Property Details for 702 7th Street Southwest

StatusPending
MLS #6448431
Days on Compass218
Taxes$17,737 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built2006
Lot Size2.31 AC / 100,623 SF
CountyRoseau County

Location

Listing Courtesy of Reed Realty
Add your commute

Building Information for 702 7th Street Southwest

Stories-Residences24Year Built2006Lot Size2.31 AC / 100,623 SF

Payment Calculator

$11,301 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,478

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 7th Street Southwest

Summary
Location and General Information
  • City Name: Roseau
  • County Or Parish: Roseau
  • County: Roseau-MN
  • Directions: From Highway 89 south of turn west on 7th st sw and travel for .17 miles.
  • Latitude: 48.837663
  • Longitude: -95.77166
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Roseau
  • City and Location Text: Roseau(MN)
  • Postal Code: 56751
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 540291662
  • Tax Annual Amount: $17,737.00
  • Tax Legal Description: LOT 2 & S1/2 LOT 3 BLK 4; KLEMAS 3RD SUBDIVISION
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 18512.0000
School Information
  • High School District: 682 - Roseau
  • School District Number: 682
  • School District Phone: 218-463-1471
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 2.31
  • Lot Size Dimensions: 400x340
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 16032.0
Property and Assessments
  • Age Of Property: 18
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Heating Common, Heating Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Fully Wheelchair
  • Association Amenities: Coin-op Laundry Owned, Common Garden, Fire Sprinkler System, Other, Patio
  • Foundation Area: 16032.0
  • Fuel: Natural Gas
  • Roof: Asphalt
Interior Features
  • Cooling: Wall Unit(s)
  • Garage Dimensions: 0
  • Garage Square Feet: 0
  • Heating: Boiler, Radiant Floor
  • Levels: One
  • Basement YN: No

Property History for 702 7th Street Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 702 7th Street Southwest

Taxable ValueLand$61,700Additions$869,500Total$931,200
Tax Record2023$19,764 ($1,647 / month)
Home Facts
Total Finished SqFt16,032 SqFtAbove Grade Finished SqFt16,032 SqFtLot Size101,930 SqFtStyleMulti-Family Res (5+ Units)Year Built2006CountyROSEAUAPN54.0291662

Schools near 702 7th Street Southwest

This home is within Roseau Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Roseau Elementary School
PublicPK to 6

Roseau Secondary
Public7 to 12

Roseau Dist. Area Learning Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reed Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/21/2024 06:12 AM