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Currently viewing 1 of 165
69 E Minnesota Street
Le Center, Minnesota MN 56057
$660,000 Price
1 Total Baths
1 Partial Baths
7030799 Listing ID
Rare housing and commercial opportunity in great location. Its close proximity to Mankato and South Metro makes this property a long-term play for your portfolio. It consists of 6 clean and fully rented apartments. Three-1 bedroom/1 bath units, and three- 2 bedroom/1 bath units. The apartments and main level were also completely remodeled between 2017-2020. 8 new furnaces/AC units-2020. Vinyl windows-2017/2018, updated electrical. There is one laundry room, and parking in the rear of the building. 100% occupancy, some units month to month. In addition, there is a commercial space on the main level, located on a heavily traveled street in the city, a full basement that is also used as a storage rental, and an unfinished third floor with opportunity for potential future rentals or other usage. Successful neighboring businesses including restaurants, title companies, attorneys' office and the Le Sueur County Court house. 24-hour notice is required.
Schedule Showing
Status ACTIVE
County Le Sueur County
Year Built 1914
Property Type Commercial
Commercial
Property Sub Type Mixed Use

Primary Features

County: Le Sueur County
Half Baths: 1
Property Sub Type: Mixed Use
Property Type: Commercial
Year Built: 1914

Interior

Air Conditioning: Central
Full Baths 2: 1
Full Baths 3: 1
Heat: Forced Air
Level 1: Main
Level 2: 2
Level 3: 2
Level 4: 2
Total Bedrooms 2: 1
Total Bedrooms 3: 2
Total Bedrooms 4: 1
Total Rooms 1: 6
Total Rooms 2: 4
Total Rooms 3: 5
Total Rooms 4: 4
Unit SqFt 1: 1470

External

Construction Type: Frame/Wood
Exterior: Brick, Stucco
Foundation Size: 4720
Fuel: Natural Gas
Parking Characteristics: Tuckunder Garage, Uncovered/Open, Driveway - Gravel, Shared Parking
Road Frontage: City Street
Roof: Flat
Sewer: City
Water: City
Waterfront: no

Location

Area: LESUEUR/LECENTR/HENDERSON
School District: Tri-County #2358
Unit Number 1: Main
Unit Number 2: Apartment 1
Unit Number 3: Apartment 2
Unit Number 4: Apartment 3

Additional

Classification: Homestead
Current Use: Residential, Retail (L)
List Team: Cara Bishop Team
Rental License: no

Financial

Assessments: No
Leased 1: Yes
Leased 2: Yes
Leased 3: Yes
Leased 4: Yes
Lender Owned: No
Monthly Rent 1: 850
Monthly Rent 2: 600
Monthly Rent 3: 650
Monthly Rent 4: 550
Owner's Expense: Lawn, Maint./Repair, Snow
Sale Includes: Building, Land, Leases
Sale/Lease: For Sale
Sale/Rent: For Sale
Tax Amount: 1645
Tax Year: 2022
Taxes With Assessments: 1780
Tenant Expense: Cable TV, Electric, Water/Sewer, Fuel

Zoning Info


© 2023 REALTOR® Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RASM. Real estate listings held by IDX Brokerage firms other than Weichert Realtors Community Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Monday, March 20th, 2023.
#IDX-primaryPhoto,#idx-details-header Listed by: TRUE REAL ESTATE Office: 507-345-8783

Contact - Listing ID 7030799

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Weichert Realtors Community Group

Mankato, MN 56001
Phone: 507-345-1111

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