508 E THORPE Avenue, Ada, MN 56510 (MLS# 20-2191)


$220,000
508 E THORPE Avenue
Ada, MN 56510
MLS# 20-2191
Status: Closed
18 beds  |  18 baths  |  9582 sqft


Sign
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Sign Front of Motel Front of Motel Front Camper Parking/Hookups Hallway between front doors and rooms Bath Single Room Bath All Rooms have TV's, microwaves and little fridges in them Double Room Bath Double Double Double Double Bath Single King Bath Triple Queens Bath Double Bath Sitting area in Rooms Single King Bath Double Bath Suite 1 sleeps 6 Suite 1 Suite 1 2nd Building Suite 2 and Laundromat Suite 2 Entry room Suite 2 Livingroom Suite 2 Livingroom Suite 2 Livingroom Suite 2 Full Kitchen Suite 2 Bedroom 1 Suite 2 bathroom 1 Suite 2 bathroom 1 Suite 2 Bedroom 2 Suite 2 Bedroom 3 Suite 2 back Patio 2nd Building workshop/storage 2nd Building Public Laundromat 2 large Dryers Public Laundromat 4 Washing Machines Soap and coin machine

Property Description
Opportunity is knocking. Here is your chance to own a small town Motel and Laundromat business. There is a total of 16 rooms not including the living quaters with full kitchen and fireplace that you can live in yourself or rent out for meetings/special events etc... There is even camper hookups for those just passing through. Most of the rooms have had some updating done. Overall Turnkey

Details
Maps
General Property Information
Realtor.COM Type: Multi-Family
Below Ground SQFT: 0
Lot Size Dimensions: IRREGULAR
Above Ground SQFT: 9582
Total Bedrooms: 18
Garage Type: None
Garage Stalls: 0
Lot SqFt: 42000
Property Subtype: Multi Family
Total SqFt.: 9582
Total Bathrooms: 18
Year Built: 1962
Location, Tax and Legal Information
Tax Year: 2020
Taxes: 6656
Flood Plain: Contact Lender
Specials Amount: 215
Total Tax & Specials: 6656
Specials Unpaid: 215
Legal: LOTS 1 - 10 INCL. BLK 1 JAMISONS ADD
Levels
One: 1
Income
Laundry Income: 250.00
Gross Scheduled Income: 0
# Units: 16
Heating
Dual: 1
Inclusions
# Air Conditioners: 16
# Dryers: 4
# Ranges: 2
# Refrigerators: 19
# Washers: 6
Expenses
Tax and Specials Exp Information: 6656
Contract Information
Status: Closed
List Price: $220,000
Current Price: $220,000
Location Tax and Legal Information
Area: Small Town MN
House Number: 508
Street Name: E THORPE
Street Suffix: Avenue
State/Province: MN
Country: USA
Postal Code: 56510
County: Norman
Zoning: A-1 Limited Development
Confidential Information
Begin Date: 2020-12-14
Under Contract Date: 2021-10-05
Sold Date: 2021-10-25
Property Features
Levels: One
Heating: Dual

Listing Office: Dakota Plains Realty

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.


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$220,000508 E THORPE AvenueAda, MN 56510MLS# 20-2191Status: Closed18 beds  |  18 baths  |  9582 sqft Print Schedule a Showing Ask a Question   1 /... Read More »

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$220,000508 E THORPE AvenueAda, MN 56510MLS# 20-2191Status: Closed18 beds  |  18 baths  |  9582 sqft Print Schedule a Showing Ask a Question   1 /... Read More »

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