$450,000

100 State Avenue NNew Germany, MN 55367

Type: Commercial

1915 Year Built

Description

Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!

MLS ID: 6627984

Directions: Hwy 7 to Hollywood MN, South on County 33. Becomes State Avenue, Property on right.

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Property Details

Essential Details

MLS #: 6627984

Listing courtesy of: Edina Realty, Inc.

Price: $450,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Residential

Total Units: 5

Annual Gross Income: $53,760

Tenant Pays: Electricity, Gas

Owner Pays: Sewer, Trash Collection

Parking Features: Gravel, Parking Lot

Other Parking Spaces: 12

Building Details

Owner Occupied: Yes

Construction Materials: Steel Siding, Stucco, Wood Siding

AccessibilityFeatures: None

Heating: Forced Air

Cooling: Central Air

Style: Apartment

Year Built: 1915

Foundation Area: 3,770

Amenities - Unit: Hardwood Floors, Kitchen Window, Tile Floors

Sewer: City Sewer - In Street

Water Source: City Water - In Street

Number of Ranges: Five

Number of Refrigerators: Six or More

Utilities: Electric Separate, Hot Water Separate

Lot Details

Complex/Dev/Sub Name: City Lts Of New Germany

Lot Dimensions: 135x133

School Information

District: Waconia

District Number: 110

District Phone: 952-442-0600

Community Information

County: Carver

Survey Range: 26

Survey Section: 05

Survey Township: 116

Taxes

Tax Year: 2024

Tax Amount: $5,250

Assessment Pending: Yes

Taxes w/Assessments: $6,262

This listing was last updated by Edina Realty, Inc. on 11/8/2024 at 1:25 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/22/2024 12:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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