$950,000

35 Washington Avenue, Hutchinson, MN 55350

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$950,000

(50,000) 11/09/2023

35 Washington Avenue Hutchinson, MN 55350

For Sale MLS# 6263574

4 beds5 baths18,080 sq ftMulti-family

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Data current as of 19/04/2024 15:44:17

Details for 35 Washington Avenue

MLS# 6263574

Description for 35 Washington Avenue, Hutchinson, MN, 55350


Remarkable Luxury Suites in excellent Downtown Hutchinson Location! 4 Units available. Each are 1 Bedroom/ 1 Bathroom with Laundry in each unit. In Floor Heat, Deck outside for Rooftop enjoyment and 3 Car Garage. This Building also has 3 Movie Theatre Screens, a furnished space rented out to a Hair Stylist along with an unfinished area of 1,600 sq. ft currently used as storage, however, could be a Fabulous Store Front, Theatre Expansion or Bonus Area of your Choice. Great Opportunity for someone to Own a Well-Known Theatre & Live onsite! Call today for More Details and a Private Tour!

Listing Information


Property Type: Multi-family, 2 Story

Status: Active

Bedrooms: 4

Bathrooms: 5

Lot Size: 0.29 Acres

Square Feet: 18,080 sq ft

Year Built: 1937

Foundation: 13,334 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: North Half, Hutchinson

Number Of Units Total: 4

County: McLeod

Days On Market: 535

Construction Status: Previously Owned

School Information


District: 423 - Hutchinson

Room Information


Bathrooms

3/4 Baths: 4

1/2 Baths: 1

Interior Features


Square Footage above: 18,080 sq ft

Basement: Other, Storage Space, Owner Access, Unfinished

Accessibility: Elevator

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: In-Floor Heating, Natural Gas

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 3

Parking Description: Attached Garage, Paved Lot, Garage Dimensions - 32x22, Garage Sq Ft - 704.0

Exterior: Brick/Stone

Roof: Asphalt Shingles

Lot Dimensions: 127x162

Zoning: Business/Commercial

Community Features


Association Amenities: Patio, Elevator(s)

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 850

Unit 1 Baths Total: 2

Unit 1 Beds Total: 1

Unit 1 Rooms Total: 4

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1100

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 2 Rooms Total: 4

Unit 3 Units Total: 1

Unit 3 Actual Rent: 849

Unit 3 Baths Total: 1

Unit 3 Beds Total: 1

Unit 3 Rooms Total: 4

Unit 4 Units Total: 1

Unit 4 Actual Rent: 800

Unit 4 Baths Total: 1

Unit 4 Beds Total: 1

Unit 4 Rooms Total: 4

Driving Directions


If Driving from Hwy 7 or Hwy 22, head south on Main Street/ Hwy 15. Turn left onto Washington Ave E. Theatre & State Apts are on the left.

Financial Considerations


Tenant Pays: Electric

Gross Income: 50400

Expense: 10600

Tax/Property ID: TBD

Tax Amount: 34852

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 2.50%

Price Changes


$1,000,000 Original Price
$950,000 Current Price
-$50,000Total Change
Date Price Change
11/09/2023 11.42 AM $950,000-$50,000
09/26/2022 09.45 AM $1,000,000
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 35 Washington Avenue

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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

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