DR NW, Austin, MN 55912 - MLS#6761736

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$275,000

Est. payment - /mo

7 Beds

5 Baths

5,125 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision F R Smith Add

MLS Listing ID 6761736

Bedrooms 7

Year Built 1910

Annual Tax Amount $2,214

Lot Size 5,125 Sqft

Acres 0.2

Lot Dimensions 100 x

Property Description

Five unit apartment building centrally located with ease of access to downtown businesses, schools, parks, pool, trails, and lake. The building offers secure entry doors, new 40-Year roof, new fire alarm system, new boiler, newer water heaters, new electrical service, and many updates to plumbing. The main floor has a very spacious two-bedroom apartment and a laundry room with coin-op machines. The second floor has a one-bedroom apartment, and an efficiency apartment. The third floor has a one-bedroom apartment. The basement has a two-bedroom apartment. Apartments 2,3,4 and 5 are on month-to-month leases. Apartment 1 has a new tenant. Apartment 2 has been there since Nov. 2024. Apartment 3 has been there since Feb. 2023. Apartment 4 has been there since Feb. 2024. Apartment 5 has been there since Feb. 2025. The building offers spacious off-street parking for tenants. The pictures are of the apartments prior to tenant move in, but all units are occupied.

Location

State MN

County Mower

Community F R Smith Add

Direction I 90 to 4th Street Exit

Interior

Heating Boiler

Cooling None

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt Shingles

Accessibility None

Building

Water City Water/Connected

Others

Senior Community No

Tax ID 346450060

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Listed by Aleres, LLC

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