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69 E Minnesota Street

Le Center, MN 56057
  • $660,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: 6254846
UPDATED: 27 min ago
$660,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,160
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1907
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of True Real Estate.

Description

Rare housing and commercial opportunity in great location. Its close proximity to Mankato and South Metro makes this property a long-term play for your portfolio. It consists of 6 clean and fully rented apartments. Three-1 bedroom/1 bath units, and three- 2 bedroom/1 bath units. The apartments and main level were also completely remodeled between 2017-2020. 8 new furnaces/AC units-2020. Vinyl windows-2017/2018, updated electrical. There is one laundry room, and parking in the rear of the building. 100% occupancy, some leases month to month. In addition, there is a commercial space on the main level, located on a heavily traveled street in the city, a full basement that is also used as storage rental, and an unfinished third floor with opportunity for potential future rentals or other usage. Successful neighboring businesses including restaurants, title companies, attorneys' office and the Le Sueur County Court house. 24-hour notice required.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-11-29T09:21:32.493.

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69 E Minnesota Street Le Center, MN 56057

  • Price: $660,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 27 min ago
  • ID#: 6254846
0
Beds
0
Baths
0
½ Baths
0.17
Acres
14,160
SQFT
$47
$/SQFT
1907
Built
Neighborhood:
City Of Le Center
County:
Le Sueur
School District:
2905 - Tri-City United
Property Description
Rare housing and commercial opportunity in great location. Its close proximity to Mankato and South Metro makes this property a long-term play for your portfolio. It consists of 6 clean and fully rented apartments. Three-1 bedroom/1 bath units, and three- 2 bedroom/1 bath units. The apartments and main level were also completely remodeled between 2017-2020. 8 new furnaces/AC units-2020. Vinyl windows-2017/2018, updated electrical. There is one laundry room, and parking in the rear of the building. 100% occupancy, some leases month to month. In addition, there is a commercial space on the main level, located on a heavily traveled street in the city, a full basement that is also used as storage rental, and an unfinished third floor with opportunity for potential future rentals or other usage. Successful neighboring businesses including restaurants, title companies, attorneys' office and the Le Sueur County Court house. 24-hour notice required.
Exterior Features

Construction Materials Brick/StoneStucco Foundation Area 4720 Levels Two Lot Size Dimensions 124X59 Parking Features GravelGravelOff StreetTuckunder Garage Parking Open 6 Roof Flat

Interior Features

Appliances RangeRefrigerator Basement BlockFullStone/RockUnfinished Cooling Central Air Heating Forced Air Refrigerator Num One Per UnitSix Or More

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Contingency None Current Use OfficeResidentialRetailStorage Facility Electric Expense 276 Expenses 8727.0000 Foreclosure Status No Fuel Natural Gas Fuel Expense 198 Gross Income 56400 Inclusions BuildingLandLeases Insurance Expense 2971 Land Lease Amount 0 Lender Owned No Maintenance Expense 400 Net Operating Income 47397 Operating Expense 7139 Other Expense 300 Owner Pays InsuranceGrounds CareRepairsSnow RemovalTaxes Postal City Le Center Potential Short Sale No Property Sub Type Mixed Use Rental License YN No Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 1645 Tax With Assessments 1780.0000 Tax Year 2021 Tenant Pays Cable TvElectricityFuelTrash Collection Utilities Electric SeparateHeating Separate Water Sewer Expense 3192 Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of True Real Estate: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-11-29T09:21:32.493.

Click here for Digital Millennium Copyright Act
 
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Holz Group | Keller Williams Select
5818 Blackshire Path
Saint Paul MN, 55076
NorthstarMLS] logo Listing courtesy of True Real Estate.