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$820,000  (list price)
$820,000
/mo Edit
Commercial:  Apartments
Built 1990
1.44 acres
Montevideo schools
MLS# 6001576
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    Property Description

    Four Split Level Buildings. Each one with FOUR @ 2bd 1bth apartments & 1 stall attached garages! Sixteen Apartments total with sixteen garage stalls. Good Rents. Solid Tenants & Basically Zero Vacancies. Any turnover is immediately filled. Upper units have decks while some lower units have enclosed patios or walk out patios. Extra parking on site. Each split entry has mechanical in lower entrance closet with softener and hot water heater while the upper has coin operated washer and dryer. Original Owners! Well maintained and cared for. Mature trees add to the attractive character of these properties. Call for your private viewing today.

    Listing

    Contingency: None
    City: Montevideo
    County: Chippewa
    State: MN
    Property Style: Apartments
    Zip Code: 56265

    Interior

    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Walkout

    Exterior

    Garage Spaces: 16
    Other Parking Spaces: 16
    Air Conditioning: Wall Unit(s)
    Heating System: Baseboard
    Foundation Size: 1,800 ft2
    Handicap Accessible: None
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities:
    • Deck
    • Patio
    Road Frontage: City Street
    Exterior Material:
    • Stucco
    • Wood Siding
    Roof Details: Asphalt

    Lot

    Acres: 1.44
    Geolocation: 44.94849326, -95.70729294
    Lot Dimensions: 1.43
    Topography: High Ground, Level, Sloped, Walkout
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 129
    District Phone: 320-269-8833

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $14,880
    Assessment Pending: Unknown
    Taxes w/ Assessments: $14,880

    Unit

    Total Units: 16
    Unit Number: 1-4

    Miscellaneous

    Current Use: Residential
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
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