For Sale: Austin MLS# 6319781
Active
$500,000
Commercial: Apartments
Built 1890
0.18 acres
Austin schools
MLS# 6319781
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Property Description
10 Unit apartment building centrally located in Austin's business district. Hardwood floors throughout, updated electrical.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$500,000
Property Type:
Commercial
City:
Austin
Garage Spaces:
0
County:
Mower
Year Built:
1890
State:
MN
Property Style:
Apartments
Zip Code:
55912
Subdivision Name:
Berrys Add
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Block
- Daylight/Lookout Windows
- Drain Tiled
- Drainage System
- Egress Window(s)
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
7
Foundation Size:
4,833 ft2
Foundation Dimensions:
118 x 50
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
Concrete
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
- Hardwood Floors
- Security Lights
- Tile Floors
Road Frontage:
City Street
Exterior Material:
Steel Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.18
Geolocation:
43.66604, -92.976492
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
142 x 70
Zoning:
Business/Commercial
Schools
School District:
492
District Phone:
507-460-1900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$16,218
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$4,664
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,664
Income
Annual Gross Income:
$64,664
Rent
Annual Net Income:
$48,446
Units
Total Units:
10
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Aleres, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.