$1,375,000
$1,375,000
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115 S Rum River DR Princeton, MN 55371
10,018 Sqft Lot
Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Damons Add
MLS Listing ID 6352222
Sold Date 06/05/23
Year Built 1902
Annual Tax Amount $15,610
Tax Year 2022
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 66x148
Property Description
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!
Location
State MN
County Mille Lacs
Zoning Business/Commercial
Rooms
Basement Finished
Interior
Heating Boiler, Hot Water
Cooling Central Air, Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Hot Water Common
Roof Type Flat
Present Use Office,Residential,Retail
Building
Story Three Or More
Foundation 5280
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone
Schools
School District Princeton
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