Oxford

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506 3RD Avenue NE, Roseau, MN 56751
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506 3RD Avenue NE, Roseau, MN 56751

$505,000
Multi Family
Listed by: Crary Real Estate
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Property Information

MLS ID: 25-1134
Year Built: 1967
Area: Small Town MN
Status: Active

Tax & Legal Information

Taxes (2025): $6,190
Parcel Number: 540239200
Zoning: A-1 Limited Development

Property Description

This 12-unit apartment building has a mix of five 2-bedroom units and 7 1-bedroom units. Building consists of brick construction, on site laundry, boiler heat (paid by landlord), surface parking. Rents range from $510 to $600 with tenant responsible for electric. Overall performance could increase by implementing a Ratio Utility Billing System (RUBS) program to absorb some of the heat expense.

Contact Us

Office: (701) 772-2522

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