For Sale: Lester Prairie MLS# 6462152
Active
$670,000
Commercial: Apartments
Built 1985
1 acres
Lester Prairie schools
MLS# 6462152
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Property Description
**Offers ONLY from local non-profits & public agencies the first 60 days - after 60 days this opens to regional & national non-profit organizations** Nestled in the heart of Lester Prairie a charming 12-unit apartment building. Its brick facade exudes a timeless appeal, welcoming residents. Within its walls reside ten cozy 1-bedroom units, each adorned with ample space and thoughtful design - basic rent $520. Additionally, two spacious 2-bedroom apartments provide a touch of luxury for those seeking more room to call home - basic rent rate $570. Residents enjoy the convenience of an on-site laundry facility, and a well-appointed community room.
USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan notice interest rate to one percent. This institution is an equal opportunity provider. "Equal Housing Opportunity" USDA, Rural Development.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$670,000
Property Type:
Commercial
City:
Lester Prairie
Garage Spaces:
0
County:
McLeod
Year Built:
1985
State:
MN
Property Style:
Apartments
Zip Code:
55354
Subdivision Name:
Prairie Manor Apartments
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
Slab
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Wall Unit(s)
Foundation Size:
9,752 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Guest Parking
- Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Brick/Stone
Rooms
Shared Rooms:
Community Room
Lot & Land
Acres:
1
Geolocation:
44.8866010152, -94.0467727344
Inclusions:
Building, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
424
District Phone:
320-395-2521
Expenses
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,078
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,078
Units
Total Units:
12
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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Listing provided by RMLS,
courtesy of eXp Realty.
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.