a Berkshire Hathaway affiliate

$850,000

1601 Roe Crest Drive, North Mankato


$850,000

Courtesy: Edina Realty, Inc. Mankato Listed by: Edina Realty, Inc. Mankato

1601 Roe Crest Drive North Mankato, MN 56003

For Sale MLS# 7022409

Commercial

Data current as of {{getLocalTime('2019-10-20T16:35:39Z')}}

Details

MLS# 7022409

Description for 1601 Roe Crest Drive, North Mankato, MN, 56003


Fully rented 12plex in convenient upper North location, close to South Central college and large employers. All units leased into 2020, most through at least July. Ten- 2 bedrooms units and two 1 bedroom units, Monthly rent roll currently $8630. One unit recently completely redone,some others have new flooring and upgrades. Shared laundry area currently being redone also. 8 units have private balconies, all lower units with bright daylight windows. Most units have a separate locked storage area. The shared hallways are freshly painted with new carpeting. Security camera at each entrance. Boiler - 11 years ago, each unit has it's own wall AC. Property is currently professionally managed, opportunity to increase return with private management.

Listing Information


Property Type: Commercial

Status: Active

Lot Size:

Square Feet:

Year Built: 1968

Foundation: 3,640 sq ft

Garage: No

Stories:

Construction: Concrete Block

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Nicollet

HERS Score:

Construction Status:

School Information


District: Mankato #77

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Additional Interior Features: Security System

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Cooling: Wall

Heating: Natural Gas, Boiler

Exterior / Lot Features


Parking Description: Driveway - Asphalt, Uncovered/Open

Exterior: Brick, Wood, Vinyl

Roof: Flat

Lot View:

Lot Dimensions:

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Road Frontage - City Street

Soil Type:

Tillable Acres:

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Cable TV,Electric

Owner Pays: Fuel,Janitorial,Lawn,Maint./Repair,Snow,Trash,Water/Sewer

Ownership Type:

Tax/Property ID:

Tax Amount: $10,066

Tax Year: 2019

HomeStead Description:

Sales History

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Schools nearby 1601 Roe Crest Drive

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings