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Informations principales sur 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 analytique

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

Informations sur l’immeuble

Prix 430 572 €
Prix par lot 43 057 €
Type de vente Investissement
Nb de lots 10
Type de bien Immeuble residentiel
Sous-type de bien Appartement
Classe d’immeuble C
Surface du lot 0,23 ha
Surface de l’immeuble 481 m²
Nb d’étages 1
Année de construction 1980
Zone de développement économique [USA] Oui
Zonage Multifamily - Multifamily

Caractéristiques

Caractéristiques du lot

  • Cuisine

Caractéristiques du site

  • Laverie

Lot informations sur la combinaison

Description Nb de lots Moy. loyer/mois
Studios 10 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Taxes foncières

Taxes foncières

Numéro de parcelle
70-387-0110
Évaluation du terrain
28 302 €
Évaluation des aménagements
404 772 €
Évaluation totale
433 074 €
  • ID de l’annonce: 38856984

  • Date de mise sur le marché: 22/12/2025

  • Dernière mise à jour:

  • Adresse: 1806 E Lincoln Ave, Montevideo, MN 56265

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