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Sold
Sold
$850,000  (list price)
$830,000
/mo   Edit
MLS# 5292644
Commercial
Built 1960
0.496 acres
Shakopee schools
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    Description:   Well maintained building with 6 side x side townhome-style units. Please see MLS Pro Forma supplement or request a copy. Each unit has 3 finished levels with updated kitchens including granite, bathrooms, main level living and dining room and lower level family rooms. Laundry is in each unit. Individual furnaces & water heaters with brand new A/C units. New exterior paint. Newly re-finished parking lot with striping. Room to increase rents in growing Shakopee location within 5 minutes of Amazon, My Pillow and other major employers. All units occupied. Identical building next door also available on same terms for 12 total units available. Buyer/buyers agent to verify all measurements including property information with a survey and or county records. Owner is a licensed agent in the states of MN & TN.
    List Price: $850,000
    Sold Price: $830,000
    Sold Date: 11/22/2019
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Year Built: 1960
    City: Shakopee
    County: Scott
    State: MN
    Zip Code: 55379

    Interior

    Building Fin Sq Ft: 6,168 ft²
    Appliances Included: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
    Total Ranges: Six or More
    Total Refrigerators: Six or More
    Basement Details: Finished (Livable)

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 4,992 ft²
    Unit Amenities: Washer/Dryer Hookup, Tiled Floors, Ceiling Fan(s)
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Stucco, Wood
    Garage Spaces: 0
    Other Parking Spaces: 0
    Roof Details: Age Over 8 Years, Asphalt Shingles

    Lot

    Acres: 0.496
    Lot Description: Tree Coverage - Light
    Latitude: 44.79895500
    Longitude: -93.51334400
    Lot Size Dim.: 0
    Dev/Complex Name: East Shakopee
    Zoning: Residential-Multi-Family

    Schools

    School District: 720 - Shakopee
    District Phone: 952-496-5006

    Expenses

    Annual Gross Expense: $23,386
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Snow, Trash, Lawn
    Tenant Expenses: Fuel, Electric, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $9,651
    Assessment Pending: No
    Taxes w/ Assessments: $9,724

    Income

    Annual Gross Income: $84,900

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 6
    Total Rooms in Unit 3: 0
    Total Units: 6
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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    Listing provided by RMLS, courtesy of Greater Midwest Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.