For Sale: Austin MLS# 7025547
Active
NEW!
$499,900
Commercial: 2 Stories
12 br • 9 ba • Built 1903
0.212 acres
MLS# 7025547
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Property Description
Opportunity and value in Downtown Austin Minnesota. Ample parking, with great cash flow! This 9-unit building is bringing in a total of $7, 645 in rents , and Management could transfer with the new owner. This has some nice updates throughout the units and mechanics, it also features a brand new roof in 2025. See supplement for related information and income/expenses.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Property Type:
Commercial
City:
Austin
Garage Spaces:
4
County:
Mower
Year Built:
1903
State:
MN
Property Style:
2 Stories
Zip Code:
55912
Subdivision Name:
Berry S Add
Interior
Bedrooms:
12
Bathrooms:
9
Exterior
Stories:
Two
Garage Spaces:
4
Foundation Size:
1,200 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Parking Lot
Lot & Land
Acres:
0.212
Geolocation:
43.663991, -92.975168
Inclusions:
Building
Lot Dimensions:
99 x 93
Zoning:
Residential-Multi-Family
Schools
School District:
1825
District Phone:
5074601900
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,902
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,902
Units
Total Units:
9
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Compass.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.