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$850,000  (list price)
/mo   Edit
MLS# 5292644
Built 1960
0.496 acres
Shakopee schools
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    Description:   Well maintained building with 6 side x side townhome-style units. Please see MLS Pro Forma supplement or request a copy. Each unit has 3 finished levels with updated kitchens including granite, bathrooms, main level living and dining room and lower level family rooms. Laundry is in each unit. Individual furnaces & water heaters with brand new A/C units. New exterior paint. Newly re-finished parking lot with striping. Room to increase rents in growing Shakopee location within 5 minutes of Amazon, My Pillow and other major employers. All units occupied. Identical building next door also available on same terms for 12 total units available. Buyer/buyers agent to verify all measurements including property information with a survey and or county records. Owner is a licensed agent in the states of MN & TN.
    List Price: $850,000
    Sold Price: $830,000
    Sold Date: 11/22/2019
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Year Built: 1960
    City: Shakopee
    County: Scott
    State: MN
    Zip Code: 55379


    Building Fin Sq Ft: 6,168 ft²
    Appliances Included: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
    Total Ranges: Six or More
    Total Refrigerators: Six or More
    Basement Details: Finished (Livable)


    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 4,992 ft²
    Unit Amenities: Washer/Dryer Hookup, Tiled Floors, Ceiling Fan(s)
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Stucco, Wood
    Garage Spaces: 0
    Other Parking Spaces: 0
    Roof Details: Age Over 8 Years, Asphalt Shingles


    Acres: 0.496
    Lot Description: Tree Coverage - Light
    Latitude: 44.79895500
    Longitude: -93.51334400
    Lot Size Dim.: 0
    Dev/Complex Name: East Shakopee
    Zoning: Residential-Multi-Family


    School District: 720 - Shakopee
    District Phone: 952-496-5006


    Annual Gross Expense: $23,386
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Snow, Trash, Lawn
    Tenant Expenses: Fuel, Electric, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $9,651
    Assessment Pending: No
    Taxes w/ Assessments: $9,724


    Annual Gross Income: $84,900


    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 6
    Total Rooms in Unit 3: 0
    Total Units: 6
    Number of Efficiencies: 0


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

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    Jeff Zajac
    Area Sales Manager
    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.

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    Listing provided by RMLS, courtesy of Greater Midwest Realty.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.