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Active
Listed
$329,900
/mo   Edit
MLS# 5274638
Commercial
Built 1980
3 acres
United South Central schools
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    Description:   Distressed - 2017 Fire damage to roof
    List Price: $329,900
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1980
    City: Wells
    Zip Code: 56097

    Interior

    Building Fin Sq Ft: 18,229 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Heating System: Forced Air, Hot Water
    Foundation Size: 18,229 ft²
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 10
    Other Parking Spaces: 2
    Roof Details: Asphalt Shingles

    Lot

    Acres: 3
    Latitude: 43.74031800
    Longitude: -93.73216400
    Lot Size Dim.: 150x200
    Dev/Complex Name: The Wellington Estates
    Zoning: Residential-Multi-Family

    Schools

    School District: 2134 - United South Central
    District Phone: 507-553-3134

    Expenses

    Annual Electric Expense: $17,059
    Annual Fuel Expense: $14,658
    Annual Maintenance Expense: $15,000
    Annual Gross Expense: $641,180
    Total Annual Expenses: $195,000
    Annual Trash Expense: $13,158

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $3,577
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,622

    Income

    Annual Gross Income: 666900.00

    Rent

    Annual Net Income: $594,180

    Unit

    Total Rooms in Unit 1: 2
    Total Rooms in Unit 2: 8
    Total Rooms in Unit 3: 4
    Total Units: 14
    Unit Number: 1-14

    Miscellaneous

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

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    Jeff Zajac
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    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services 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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