For Sale: Shakopee MLS# 6569471
Active
$1,175,000
Commercial: Apartments
Built 1967
0.61 acres
Shakopee schools
MLS# 6569471
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Property Description
Wonderful 8-Unit Apartment in Shakopee! Well maintained, 12 x 15 Laundry Room, strong rental history, same owner for past 30+ years. 7 leases are month to month and the 8th lease ends in the spring of 2025. Rare opportunity to own 8 units in one of the fastest growing communities in the suburbs. Room Dimensions for 7 Units with 2 Bedrooms: 8 x 8 Kitchen, 8 x 8 Dining Room, 13 x 16 Living Room, 8 x 11 1st Bedroom, 10 x 12 2nd Bedroom, Full Bath. Room Dimensions for 1 Unit with 1 Bedroom: 8 x 11 Kitchen, 11 x 14 Living Room, Bedroom 10 x 10, Full Bath. Come see!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,175,000
Property Type:
Commercial
City:
Shakopee
County:
Scott
Year Built:
1967
State:
MN
Property Style:
Apartments
Zip Code:
55379
Subdivision Name:
Subdivisionname Southview Add
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Gas Water Heater
- Range
- Refrigerator
Exterior
Stories:
Two
Other Parking Spaces:
12
Air Conditioning:
Wall Unit(s)
Foundation Size:
3,432 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Paved
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Asphalt
Lot & Land
Acres:
0.61
Geolocation:
44.787633, -93.519624
Inclusions:
Building
Lot Dimensions:
153 x 179 x 150 x 177
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
720
District Phone:
952-496-5006
Expenses
Annual Electric Expense:
$900
Annual Fuel Expense:
$2,651
Annual Insurance Expense:
$4,568
Annual Maintenance Expense:
$1,515
Annual Trash Expense:
$1,422
Annual Water/Sewer Expense:
$1,751
Tenant Expenses:
Cable TV, Electricity, Insurance
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,300
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,300
Income
Annual Gross Income:
$90,360
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Kubes Realty Inc.
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.