For Sale: Shakopee MLS# 6790933
Active
NEW!
$1,675,000
Commercial: Apartments
Built 1967
0.57 acres
Shakopee schools
MLS# 6790933
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Property Description
Wonderful 11-unit apartment building in Shakopee! Ten 2 bedroom, 1 bath units and one 3 bedroom, 1 bath unit. Includes parking lot, 7 garage stalls, owned coin-op laundry, extra storage lockers, automatic locking security doors, excellent rental history and in a great location, close to schools and not far from downtown. Come see!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,675,000
Property Type:
Commercial
City:
Shakopee
Garage Spaces:
7
County:
Scott
Year Built:
1967
State:
MN
Property Style:
Apartments
Zip Code:
55379
Interior
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
Exterior
Stories:
Three Or More
Garage Spaces:
7
Garage Size:
726 ft2
Other Parking Spaces:
11
Air Conditioning:
Wall Unit(s)
Foundation Size:
3,600 ft2
Foundation Dimensions:
80x45
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Detached
- Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Asphalt
Lot & Land
Acres:
0.57
Geolocation:
44.787038, -93.519628
Inclusions:
Building, Leases
Lot Dimensions:
141 x 177
Addl Parcels:
270220210
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
720
District Phone:
952-496-5006
Expenses
Annual Caretaker Expense:
$4,800
Annual Electric Expense:
$732
Annual Fuel Expense:
$2,928
Annual Insurance Expense:
$11,049
Annual Maintenance Expense:
$6,958
Annual Gross Expense:
$64,630
Annual Trash Expense:
$1,977
Annual Water/Sewer Expense:
$3,660
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$17,778
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$17,778
Income
Annual Gross Income:
$164,112
Rent
Annual Net Income:
$99,473
Units
Total Units:
11
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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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 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.