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1806 E Lincoln Ave 10 Unité Immeuble d’appartements 675 651 $ CAD (67 565 $ CAD/Unité) Montevideo, MN 56265



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Faits saillants de l'investissement
- Some common area furniture included
- Fenced area with raised garden beds
- Community/living rooms have built-ins
- Common laundry with machines
- Two full kitchens
- Vinyl, plank and carpet throughout
Résumé de l'annonce
Property Description
Offered for sale is a 5,800 SF residential income property currently configured as a shared-living / group-home style residence. The building features 10 bedrooms with potential for 11–12 bedrooms, multiple shared bathrooms, and extensive common areas including shared kitchens, dining space, living and activity rooms, laundry facilities, and office space.
The property includes ADA-accessible features such as grab bars, a handicap tub, and roll-in shower. Zoned R-2 Multi-Family Residential, the property offers future redevelopment or reconfiguration potential, subject to city approvals. This is not a traditional apartment building and does not contain individual dwelling units.
Ideal for specialty housing operators, shared-living concepts, workforce housing, or investors seeking a value-add or redevelopment opportunity.
Location Description
Located in a quiet residential area of Montevideo, Minnesota, the property sits within an established neighborhood with convenient access to local services, schools, and employment centers. The site offers a residential setting suitable for shared-living or specialty housing uses, with paved parking and easy access from Lincoln Avenue. The surrounding area consists primarily of residential properties, supporting long-term residential demand and stable neighborhood use.
Highlights
5,800 SF residential building on approximately 0.58 acres
10 bedrooms with potential for 11–12 bedrooms (buyer to verify)
Multiple shared bathrooms
Shared kitchens and dining area
Shared living room and activity/common space
Office space that may be convertible to a bedroom
ADA-accessible features including roll-in shower and handicap tub
Common laundry room
Forced-air heat; natural gas
City water and sewer
On-site paved parking
Zoned R-2 Multi-Family Residential
Suitable for shared-living, group home, or specialty residential use
Redevelopment or conversion potential subject to municipal approvals
Offered for sale is a 5,800 SF residential income property currently configured as a shared-living / group-home style residence. The building features 10 bedrooms with potential for 11–12 bedrooms, multiple shared bathrooms, and extensive common areas including shared kitchens, dining space, living and activity rooms, laundry facilities, and office space.
The property includes ADA-accessible features such as grab bars, a handicap tub, and roll-in shower. Zoned R-2 Multi-Family Residential, the property offers future redevelopment or reconfiguration potential, subject to city approvals. This is not a traditional apartment building and does not contain individual dwelling units.
Ideal for specialty housing operators, shared-living concepts, workforce housing, or investors seeking a value-add or redevelopment opportunity.
Location Description
Located in a quiet residential area of Montevideo, Minnesota, the property sits within an established neighborhood with convenient access to local services, schools, and employment centers. The site offers a residential setting suitable for shared-living or specialty housing uses, with paved parking and easy access from Lincoln Avenue. The surrounding area consists primarily of residential properties, supporting long-term residential demand and stable neighborhood use.
Highlights
5,800 SF residential building on approximately 0.58 acres
10 bedrooms with potential for 11–12 bedrooms (buyer to verify)
Multiple shared bathrooms
Shared kitchens and dining area
Shared living room and activity/common space
Office space that may be convertible to a bedroom
ADA-accessible features including roll-in shower and handicap tub
Common laundry room
Forced-air heat; natural gas
City water and sewer
On-site paved parking
Zoned R-2 Multi-Family Residential
Suitable for shared-living, group home, or specialty residential use
Redevelopment or conversion potential subject to municipal approvals
Faits sur la propriété
| Prix | 675 651 $ CAD | Classe d’immeuble | C |
| Prix par unité | 67 565 $ CAD | Taille du lot | 0,58 AC |
| Type de vente | Investissement | Taille du bâtiment | 5 181 pi² |
| Nombre d’unités | 10 | Nombre d’étages | 1 |
| Type de propriété | Immeuble residentiel | Année de construction | 1980 |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Zonage | Multifamily - Multifamily | ||
| Prix | 675 651 $ CAD |
| Prix par unité | 67 565 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Taille du lot | 0,58 AC |
| Taille du bâtiment | 5 181 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1980 |
| Zone de développement économique |
Oui |
| Zonage | Multifamily - Multifamily |
Commodités
Commodités des unités
- Cuisine
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 10 | - | - |
1 1
Impôts fonciers
| Numéro de lot | 70-387-0110 | Évaluation des bâtiments | 635 166 $ CAD |
| Évaluation du terrain | 44 412 $ CAD | Évaluation totale | 679 578 $ CAD |
Impôts fonciers
Numéro de lot
70-387-0110
Évaluation du terrain
44 412 $ CAD
Évaluation des bâtiments
635 166 $ CAD
Évaluation totale
679 578 $ CAD
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Présenté par
1806 E Lincoln Ave
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