301 5th St E Carlos, MN 56319

Listing details for 301 5th St E, Carlos, MN 56319 : Great Investment Opportunity! 6 unit mobile home park in great condition with many recent updates that show as an annual expense in 2023. Seller owns units 1,2,3,4 and currently rents out each unit for $600.00 per month, which will be increased to $675/month starting Jan 1st 2024 with tenants paying their own utilities. Water/Sewer, Natural Gas, Electric and garbage paid by tenants. Units 5 & 6 are owned by the tenants and are paying a lot rent of $300.00 per month, which will be increased to $335/month Jan 1st 2024, they also pay their own utilities. All units are occupied, Seller is living in unit # 2 which will be available for rent. Unit Descriptions: Unit 1 - 1974 Blair House 14'x66', Unit 2- 1976 Bendix 14'x66', Unit 3- 1973 Champion 14' x 66', Unit 4 - 1971 Detroiter 14' x 56', Many recent updates to these units. Located on over 1 acre, 20x28 shed for storm shelter. HIGHEST AND BEST OFFER TO BE SUBMITTED BY WEDNESDAY, DECEMBER 13, 2023 AT 3:00 PM.