For Sale: Spring Valley Twp MLS# 6686441
Active
$75,000
Commercial: Apartments/Retail
Built 1890
0.05 acres
Kingsland schools
MLS# 6686441
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Property Description
Great downtown investment opportunity. 1, 800 sq. ft. commercial space with two 1 bedroom apartments on the second floor. Delivery door on back of main level. Two new furnaces in each apartment as of 1/15/2025.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$75,000
Property Type:
Commercial
City:
Spring Valley Twp
Garage Spaces:
0
County:
Fillmore
Year Built:
1890
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55975
Subdivision Name:
Spring Valley Original
Interior
Ceiling Height:
Less Than 8 Feet
Ranges:
Two
Refrigerators:
Two
Appliances Included:
- Gas Water Heater
- Range
- Refrigerator
Basement Details:
- Drainage System
- Full
- Stone/Rock
- Sump Pump
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
1,800 ft2
Foundation Dimensions:
20x90
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Other
Parking Features:
- On-Street Parking Only
- Paved
Road Frontage:
- City Street
- Curbs
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Brick/Stone
- Metal Siding
- Stucco
Roof Details:
- Age Over 8 Years
- Metal
- Pitched
Lot & Land
Acres:
0.05
Geolocation:
43.687254, -92.390616
Inclusions:
Building
Lot Dimensions:
90X22
Zoning:
Business/Commercial
Farm
Topography:
Flood Plain, Level
Schools
School District:
2137
District Phone:
507-346-7276
Expenses
Annual Caretaker Expense:
$300
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$1,800
Annual Insurance Expense:
$2,808
Annual Maintenance Expense:
$3,000
Annual Gross Expense:
$10,558
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$878
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$878
Income
Annual Gross Income:
$22,800
Rent
Annual Net Income:
$12,242
Units
Total Units:
3
Miscellaneous
Current Use:
Vacant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker River Valley, REALTORS.
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.