For Sale: Lonsdale MLS# 6414109
Active
$450,000
Commercial: Apartments/Retail
Built 1912
0.08 acres
New Prague Area schools
MLS# 6414109
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Property Description
Great investment property! Three retail business units and three one bedroom apartments on a high traffic corner lot. Fully rented and income producing property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
Lonsdale
Garage Spaces:
0
County:
Rice
Year Built:
1912
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55046
Interior
Ceiling Height:
Varied Heights
Appliances Included:
- Dishwasher
- Disposal
- Electric Water Heater
- Range
- Refrigerator
- Water Softener Owned
Basement Details:
- Concrete
- Posts
- Slab
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
3
Air Conditioning:
Central Air
Foundation Size:
2,250 ft2
Foundation Dimensions:
106x25
Handicap Accessible:
Doors 36"+
Heating System:
- Baseboard
- Boiler
- Forced Air
- Radiant
Parking Features:
Open
Unit Amenities:
- Ceiling Fan(s)
- City View
- Kitchen Window
- Paneled Doors
- Security Lights
Exterior Material:
- Brick/Stone
- Stucco
Lot & Land
Acres:
0.08
Geolocation:
44.480443, -93.428954
Inclusions:
Building, Leases
Lot Dimensions:
Getting
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
721
District Phone:
952-758-1700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,740
Annual Maintenance Expense:
$425
Annual Gross Expense:
$6,663
Annual Trash Expense:
$250
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,328
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,448
Income
Annual Gross Income:
$42,600
Rent
Annual Net Income:
$35,937
Units
Total Units:
6
Miscellaneous
Current Use:
- Residential
- Retail
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of National Realty Guild.
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.