For Sale: Madison MLS# 7000979
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
24 UNITS! 3-1 BEDROOM AND 21-2 BEDROOM APARTMENTS. MAIN LEVEL AND UPPER LEVEL. 2 BUILDINGS, SOUTH AND NORTH. EACH PROPERTY HAS HAD ALOT OF UPDATES SUCH AS NEW TOILETS, FLOORING, CARPETS, AND SLIDING GLASS DOORS. ALL DONE IN 2019. TENANTS ARE RESPONSIBLE FOR ELECTRICITY HEAT AND CABLE TV. OWNER RESPONSIBLE FOR WATER SEWER GARBAGE AND LAWN AND SNOW. ALSO, THE MAIN LEVEL OFFERS OUTSIDE PATIO AND THE UPPER LEVEL HAVE DECKS. LAUNDRY ROOM OFFERS COIN OPERATED MACHINES.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$980,000
Property Type:
Commercial
City:
Madison
Garage Spaces:
16
County:
Lac qui Parle
Year Built:
1976
State:
MN
Property Style:
2 Stories
Zip Code:
56256
Interior
Bedrooms:
0
Bathrooms:
1
Ceiling Height:
8-10
Flooring:
Carpet, Vinyl
Refrigerators:
One
Appliances Included:
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
16
Air Conditioning:
Wall Unit(s)
Foundation Size:
47,936 ft2
Fencing:
None
Handicap Accessible:
Doors 36"+
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Detached Garage
- Paved Lot
Unit Amenities:
- Balcony
- Patio
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Asphalt
Lot & Land
Acres:
0.64
Geolocation:
45.011003, -96.197989
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
56 x 107, 107 x 56
Addl Parcels:
540640030
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1284
District Phone:
3207524205
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$16,990
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$16,990
Units
Total Units:
24
Miscellaneous
Current Use:
Other
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Peterson Team Realty.
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.