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MLS# 5292644
1006 2nd Avenue E
Shakopee, MN 55379
Built 1960
0.496 acres
Shakopee schools
Info: 763-576-8286
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    Description:   Well maintained building with 6 side x side townhome-style units. Please see MLS Pro Forma supplement or request from listing agent. 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
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1960
    City: Shakopee
    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: 84900.00


    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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    Get to know our Home Mortgage Professionals

    Von Itter
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.

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    Listing provided by RMLS, courtesy of Greater Midwest Realty