242 Basil Street, Taylors Falls, MN 55084

Property Description

Croixview Apartments is a very unique opportunity to acquire an 8-unit apartment asset situated in the scenic St.Croix river bluffs in Taylors Falls, MN. You can not beat the location and privacy sitting on 1.34 acres of land. All the units are two-bedroom, one full bathroom, with approximately 880 SqFt. The tenants pay for their unit electric which covers lights, baseboard heating, appliances, water heaters, and wall air conditioners. Owners pay for common area electric, water and sewer, and trash. The upper pitched part of the roof was replaced. The four apartments on the riverside either have a patio or balcony. There is plenty of off-street parking and a detached four-car garage for extra income. The residents enjoy having on-site coin operated washer and dryer location on the main floor. Average in place rent is $941.87. The building was constructed in 1980 and is currently 100% occupied! Ready for a new owner to take over and make their own!!