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$1,375,000

  • Sold
  • Closed
  • Commercial
  • 20,500 Sq. Ft.
  • 0.23 Acres
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Welcome to Villa Manor! An iconic property located on Main Street. Only 2 owners in the last 30 years! You will see the pride of ownership as soon as you step in the front entry. This property has been professionally maintained to keep its old world charm. 3 commercial tenant son the main floor & 23 residential apartments up & down. A number of updates in the last few years inluding, boilers, front facade, unit upgrades, etc. A true turn-key rental property with an excellent rental history!

Full Property Details for 115 S Rum River Dr

General

  • Sold For: $1,375,000
  • Taxes: $15,610 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6352222
  • Added to Site: 1, 135 day(s) ago

Parking

  • Parking Features: Parking Lot

School Information

  • School District: 477 - Princeton
  • High School District: Princeton

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Window Unit(s)
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Hot Water Common

Financial Considerations

  • Operating Expenses: $97,309
  • Tax Amount: $15,610
  • Tax Year: 2022
  • Owner Pays: Gas, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: DAMONS ADDITION
  • Inclusions: Building, Leases
  • Property ID: 240410180

Listed by Premier Real Estate Services
Sold by The Home Buyers Inc

Listing agent

— 115 S Rum River Dr —

  • Premier Real Estate Services

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 115 S Rum River Dr

School District:Princeton Public School District
NameGradesDistance
Princeton Intermediate School
1202 North 7th Street, Princeton, MN 55371
3-50.6 mi
Princeton Primary School
1206 7th Avenue North, Princeton, MN 55371
K-21.2 mi
Princeton Middle School
1100 4th Ave N, Princeton, MN 55371
6-81 mi
Princeton Senior High School
807 8th Avenue South, Princeton, MN 55371
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 S Rum River Dr

Date
Details
Price
Change
Source
6/05/2023
Sold
$1,375,000
—
MLS
4/14/2023
Price Increased
$1,375,000
10%
MLS
4/10/2023
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Premier Real Estate Services
Sold by The Home Buyers Inc

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115 S Rum River Drive, Princeton, MN 55371 (MLS# 6352222) is a Commercial property that was sold at $1,375,000 on June 05, 2023. Want to learn more about 115 S Rum River Drive? Do you have questions about finding other Commercial real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.