35 Washington Avenue Hutchinson, MN $ 950,000
35 Washington Avenue
$ 950,000
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35 Washington Avenue

Hutchinson, MN, 55350
$ 950,000
Bedrooms4 Baths4.1 Sq 18,080

Monthly Estimate*

$ 6,636

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Multi-Family Home for sale in Hutchinson, MN

for $950,000 with 4 bedrooms and 4 full baths, 1 half bath. This 18,080 square foot home was built in 1937 on a lot size of 0.29.

Remarkable Property with Luxury Suites & Commercial Space 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!

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Multi-Family Active

Price

$ 950,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 34,852

Style

Lot Size

0.29

Year Built

1937

Town/City

Hutchinson

County/Region

McLeod

MLS | Web ID

6263574

Features
General
Sewer City Sewer/Connected
Heating Radiant Floor
Roof Asphalt
Garage Spaces 3
Construction Materials Brick/Stone
Year Built 1937
Tenant Pays Electricity
Levels Two
Property SubType Other
Tax Year 2022
Gross Income 50400
Accessibility Accessible Elevator Installed
County McLeod
Operating Expense 10600
Insurance Expense 9000
New Construction N
Property Type Residential Income
Association Amenities Elevator(s) Patio
Contingency None
Subdivision Name North Half Hutchinson
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.
City Hutchinson
Buyer Agent Compensation 2.50
Land Lease Amount 0
High School District Hutchinson
Zoning Description Business/Commercial
Total Units 4
Street Name Washington
Land Lease Y/N N
Tax Annual Amount 34852
Electric Expense 2500
Fuel Expense 2500
Trash Expense 400
Water Sewer Expense 4000
Additional Parcels Y/N N
Days on Market 542
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Other Owner Access Storage Space Unfinished
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 18080
Street Suffix Avenue
Below Grade Finished Area 0
Foundation Dimensions 127x162
Fuel Natural Gas
Garage Dimensions 32x22
Garage Square Feet 704
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Exterior
Parking Features Attached Garage Paved
Water Source City Water/Connected
Lot Size Area 0.29
Lot Dimensions 127x162
Lot Size Units Acres
Foundation Area 13334
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Internal Only
Street Number 1 35
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* Excluded Features
List By
Jane Vikse Real Estate

Broker

jennavikse21@gmail.com

Email

Affordability Calculator

$9,540
Per Month
70%
30%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$2,904
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
708708 Elementary School
708717 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2023$950,000 -5.00% Price Down
9/26/2022$1,000,000 Listed Price

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35 Washington Avenue, Hutchinson, MN, 55350 is a Multi-Family Home for sale at $950,000 with 18,080 sqft and a lot size of 0.29. 35 Washington Avenue has 4 bedrooms, 4.1 baths, and was built in 1937. The property's zip code is 55350 which is in Hutchinson, MN