$498,000

104 1st Street SW, Austin, MN 55912

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$498,000

104 1st Street SW Austin, MN 55912

For Sale MLS# 6766075

7,000 sq ft Commercial

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Data current as of 19/12/2025 17:08:55

Details for 104 1st Street SW

MLS# 6766075

Description for 104 1st Street SW, Austin, MN, 55912


Centrally located 10-unit apartment complex. Fully rented building with secure entry. Well maintained and a great cashflow property. Steel siding, vinyl windows, new hot water heater, boilers. Quiet building with onsite laundry and off-street parking. Easy access to downtown, parks, and freeway.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Bedrooms: 12

Bathrooms: 10

Lot Size: 0.18 Acres

Square Feet: 7,000 sq ft

Year Built: 1890

Foundation: 4,833 sq ft

Stories: 2 Stories

Subdivision: Berrys Add

Number Of Units Total: 10

Current Use: Residential

County: Mower

Days On Market: 136

Construction Status: Previously Owned

School Information


District: 492 - Austin

Interior Features


Appliances: Range, Refrigerator

Flooring: Tile,Wood

Basement: Full, Partial Finished

Additional Interior Features: Hardwood Floors, Tile Floors, Natural Woodwork

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Hot Water Common

Heating: Boiler, Natural Gas

Exterior / Lot Features


Open Parking: 8

Parking Description: Parking Lot

Exterior: Steel Siding

Roof: Asphalt Shingles

Lot Dimensions: 142x70

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Public Transit (w/in 6 blks), Land Inclusions - Building,Fixture/Equipment,Land,Leases,Rental License

Unit Information


Unit 1 Actual Rent: 550

Unit 1 Baths Total: 1

Unit 1 Beds Total: 1

Unit 1 Rooms Total: 4

Unit 2 Actual Rent: 685

Unit 2 Baths Total: 1

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 5

Unit 3 Actual Rent: 550

Unit 3 Baths Total: 1

Unit 3 Beds Total: 1

Unit 3 Rooms Total: 4

Unit 4 Actual Rent: 850

Unit 4 Baths Total: 1

Unit 4 Beds Total: 2

Unit 4 Rooms Total: 5

Unit 5 Actual Rent: 600

Unit 5 Baths Total: 1

Unit 5 Beds Total: 1

Unit 5 Rooms Total: 4

Unit 6 Actual Rent: 625

Unit 6 Baths Total: 1

Unit 6 Beds Total: 1

Unit 6 Rooms Total: 4

Driving Directions


I90 to Oakland Avenue West Exit. West On Oakland Avenue To 1st Street SW. Left To Building On Your Right.

Financial Considerations


Tenant Pays: Cable T.V.,Electric

Owner Pays: Insurance,Maintenance/Repair,Taxes,Trash

Gross Income: 72500

Tax/Property ID: 340950630

Tax Amount: 5368

Tax Year: 2024

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 104 1st Street SW

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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