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Sold
$820,000  (list price)
$820,000
/mo   Edit
Commercial:  Apartments
Built 1990
1.44 acres
Montevideo schools
MLS# 6001576
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    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.
    List Price: $820,000
    Sold Price: $820,000
    Sold Date: 08/31/2021
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Property Style: Apartments
    Year Built: 1990
    City: Montevideo
    County: Chippewa
    State: MN
    Zip Code: 56265

    Interior

    Building Fin Sq Ft: 14,400 sqft
    Appliances Included: Range, Refrigerator
    Basement Details: Walkout, Finished, Egress Window(s), Daylight/Lookout Windows

    Exterior

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

    Lot

    Acres: 1.44
    Lot Description: Tree Coverage - Medium
    Latitude: 44.94849326
    Longitude: -95.70729294
    Lot Size Dim.: 1.43
    Zoning: Residential-Multi-Family

    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

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    Truestone
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    Movement
    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    NMLS#373627
    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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