Refine Search
Sort by
$419,900
7015348 MLS
The Oaks Apartments are located in an "Opportunity Zone." The Oaks offers a 9.1 Cap Rate, a 5.4 GRM, 10% Cash on Cash 1st year with a 1.25 DSCR loan at a 51% operating expense ratio. There are eleven units with a mix of two studio, three one bedroom, five two bedroom, and one three bedroom apartments. The units are well maintained with all repair and maintenance issues addressed promptly and professionally. The Oaks Apartments offers a low vacancy and turn over rate. There are a few legacy tenants. There is plenty of parking for residents and guests. The coin operated washer and dryer on site are owned by the seller and included in the sale. Low maintenance vinyl and stone exterior with a metal roof. The Oaks runs like a well oiled machine! The Oaks Apartments was formerly the Beacon Motel. It was repourposed in the early 2000's. It has a metal roof and vinyl siding. Each unit pays their own natural gas and electric billing with individual metering. Each unit has an electric breaker panel and dedicated furnace. Ten of the units have central air. The owner pays water/sewer, water softener rental and salt delivery, garbage, common gas and electric. There is one set of coin operated washer and dryer. They are owned by the seller and included with the sale. The laundry room is set up for two washing machines and two dryers. The owner pays for hot water. There are two water heaters. One is gas and one is electric.

905 E 5th Street, Blue Earth

Listing courtesy of RE/MAX Results.

$189,000
4 Beds ⋅ 3 Baths ⋅ 7136767 MLS
Beautiful 4 bedroom/3 bathroom property located at 203 N Galbraith Street in Blue Earth. Conveniently located just a few blocks from Downtown Main Street, the 2 story home sits on a corner lot and offers great hardwood floors & woodwork, along with an abundance of natural lighting. The main level has a welcoming 4 season porch, spacious living & dining rooms, kitchen with a breakfast nook leading out to the deck, a half bath, and main floor bedroom. The second level has 3 great sized bedrooms & large full bathroom. The basement has plenty more living space with the family room & a laundry/bathroom combo with a walk in shower. The property has a ton of storage space between the basement, attic space, and 22 x 26 detached garage. Call to set up your private viewing!

203 N Galbraith Street, Blue Earth

Listing courtesy of RE/MAX Total Realty.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.