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Welcome to 221 & 231 Freemont Ave SE in Hutchinson! This exceptional multifamily property features 24 fully rented units, making it a fantastic investment opportunity for any savvy buyer. Ideally situated in a prime, highly rentable location, this property boasts an extremely low vacancy rate, ensuring consistent cash flow and reliable returns. The units are beautifully furnished, providing tenants with a comfortable living experience that encourages long-term occupancy. The property is supported by phenomenal property management, with the current management team potentially willing to stay on for a smooth transition, offering peace of mind to the new owner. Don't miss out on this rare opportunity to acquire a well-maintained asset in a thriving market. Whether you're an experienced investor or looking to expand your portfolio, 221 & 231 Freemont Ave SE is a must-see!
Property Type(s):
Commercial
| Tract | Cedar Acres Sub | Year Built | 1984 |
|---|---|---|---|
| County | McLeod |
Additional Details
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Metal Siding, Vinyl Siding |
| HEAT | Electric, Hot Water, Natural Gas |
| LOT | 5.21 acre(s) |
| LOT DIMENSIONS | 183x250 |
| PARKING | Asphalt, Parking Lot |
| SEWER | Public Sewer |
| SUBDIVISION | Cedar Acres Sub |
| TAXES | 12450 |
| WATER | Public |
| ZONING | Business/Commercial,Residential-Multi-Family |
Listed with Rize Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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This IDX solution is (c) Diverse Solutions 2025.
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