Hutchinson, MN 55350,221 Freemont AVE SE
Hutchinson, MN 55350,221 Freemont AVE SE
Hutchinson, MN 55350,221 Freemont AVE SE
Hutchinson, MN 55350,221 Freemont AVE SE
Hutchinson, MN 55350,221 Freemont AVE SE
Hutchinson, MN 55350,221 Freemont AVE SE
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Joanne Nigbor

Joanne Nigbor

Realty ONE Group Choice

+1(612) 483-8763
$ 2,400,000
Est. payment | /mo

5.21 Acres Lot


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$ 2,400,000
Est. payment | /mo
Save

5.21 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Cedar Acres Sub

MLS Listing ID 6711796

Year Built 1984

Annual Tax Amount $12,450

Tax Year 2024

Contingent None

Lot Size 5.210 Acres

Acres 5.21

Lot Dimensions 183x250

Property Sub-Type Apartment

Property Description

Welcome to 221 & 231 Freemont Ave SE in Hutchinson! This exceptional multifamily property features 24 fully rented units, making it a fantastic investment opportunity for any savvy buyer. Ideally situated in a prime, highly rentable location, this property boasts an extremely low vacancy rate, ensuring consistent cash flow and reliable returns.

The units are beautifully furnished, providing tenants with a comfortable living experience that encourages long-term occupancy. The property is supported by phenomenal property management, with the current management team potentially willing to stay on for a smooth transition, offering peace of mind to the new owner.

Don't miss out on this rare opportunity to acquire a well-maintained asset in a thriving market. Whether you're an experienced investor or looking to expand your portfolio, 221 & 231 Freemont Ave SE is a must-see!

Location

State MN

County Mcleod

Zoning Business/Commercial,Residential-Multi-Family

Interior

Heating Hot Water

Cooling Wall Unit(s)

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Asphalt, Parking Lot

Utilities Available Electric Separate, Heating Common, Hot Water Common

Present Use Residential

Building

Foundation 3956

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Metal Siding,Vinyl Siding

Schools

School District Hutchinson

Listed by Mitchell Jilek • Rize Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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221 Freemont AVE SE