1806 E Lincoln Ave, Montevideo, MN 56265
MULTIFAMILY For SaleFloors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| 10 Bedroom Group Home for Sale on E Lincoln | SALE | $499,000.00 |
Michael Bobick - SVN GC Real Estate
PHONE: 3203332692
PHONE: 3202573722
Mark A Williams - SVN GC Real Estate
PHONE: 3204920599
PHONE: 3204920599
Tom Sanquist - SVN GC Real Estate
PHONE: 3202822042
PHONE: 3202573757
Property Description Offered for sale is a 5,800 SF residential income property currently configured as a shared-living / group-home style residence. The building features 10 bedrooms with potential for 11–12 bedrooms, multiple shared bathrooms, and extensive common areas including shared kitchens, dining space, living and activity rooms, laundry facilities, and office space. The property includes ADA-accessible features such as grab bars, a handicap tub, and roll-in shower. Zoned R-2 Multi-Family Residential, the property offers future redevelopment or reconfiguration potential, subject to city approvals. This is not a traditional apartment building and does not contain individual dwelling units. Ideal for specialty housing operators, shared-living concepts, workforce housing, or investors seeking a value-add or redevelopment opportunity. Location Description Located in a quiet residential area of Montevideo, Minnesota, the property sits within an established neighborhood with convenient access to local services, schools, and employment centers. The site offers a residential setting suitable for shared-living or specialty housing uses, with paved parking and easy access from Lincoln Avenue. The surrounding area consists primarily of residential properties, supporting long-term residential demand and stable neighborhood use. Highlights 5,800 SF residential building on approximately 0.58 acres 10 bedrooms with potential for 11–12 bedrooms (buyer to verify) Multiple shared bathrooms Shared kitchens and dining area Shared living room and activity/common space Office space that may be convertible to a bedroom ADA-accessible features including roll-in shower and handicap tub Common laundry room Forced-air heat; natural gas City water and sewer On-site paved parking Zoned R-2 Multi-Family Residential Suitable for shared-living, group home, or specialty residential use Redevelopment or conversion potential subject to municipal approvals