A great investment with several long term tenants. Roof is less than 8 years old. Laundry on each floor with folding tables. Some of the units have newer flooring, some new refrigerators and stoves. Each unit has a wall a/c unit, walk in pantry. Each tenant has a parking space with an electric hook up for a tank heater. Building is a secure building, you need a key for entry. Large lawn with a picnic table. Plenty of space for an owner to bring in storage units to rent out for more income.
The median home value in Hanley Falls, MN is $72,300. This is lower than the county median home value of $115,600. The national median home value is $219,700. The average price of homes sold in Hanley Falls, MN is $72,300. Approximately 66.19% of Hanley Falls homes are owned, compared to 29.5% rented, while 4.32% are vacant. Hanley Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hanley Falls real estate agent to arrange a tour today!
Hanley Falls, Minnesota has a population of 398. Hanley Falls is more family-centric than the surrounding county with 58.72% of the households containing married families with children. The county average for households married with children is 27.56%.
The median household income in Hanley Falls, Minnesota is $54,375. The median household income for the surrounding county is $54,645 compared to the national median of $57,652. The median age of people living in Hanley Falls is 28.1 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 1.2 degrees. The average rainfall is approximately 27.1 inches per year, with 49 inches of snow per year.