109 Luverne StLuverne, MN 56156

For Sale
$1,750,000

Prime 32-unit complex, excellent investment.

Overview

Added:
Feb 3
Days on market:
38
This exceptional 32-unit condominium complex, situated in the heart of Luverne, Minnesota, presents a compelling investment opportunity. Originally a school building, this property has undergone a meticulous transformation into a thriving residential community. The 75,000 square foot building sits on a 2.22-acre lot and offers a diverse range of 1, 2, and 3-bedroom units, catering to a broad spectrum of residents. Residents enjoy convenient access to a full-court gymnasium, perfect for year-round recreation. Community amenities include a spacious outdoor yard ideal for relaxation and gatherings, a dedicated community room for events, and a shared coin-operated laundry facility for added convenience. Elevator access ensures easy movement throughout the building. The property's prime location offers unparalleled convenience, with proximity to a variety of restaurants, shops, businesses, Luverne City Park, and the Rock River. Buyer financing is available, making this an even more attractive proposition. This well-maintained complex represents a rare opportunity to acquire a thriving, established residential property in a desirable location. Don't miss this chance to own a piece of Luverne's vibrant community.

Property Details for 109 Luverne St

Property type
Residential income properties, Multifamily properties
Square Feet
75,000 SF
Year Built
1925
Lot Size (sq. ft)
96,703 SF

Location Insight

City
Luverne
County
Rock
State
Minnesota
Latitude
43.65679
Longitude
-96.20878
109 Luverne St, Luverne, Minnesota
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109 Luverne St
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