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133 W 1st Avenue Hanley Falls, MN $ 600,000
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$ 600,000 Get more info
133 W 1st Avenue
$ 600,000
Back to search
Share Save

133 W 1st Avenue

Hanley Falls, MN, 56245
$ 600,000
Baths0.0 Sq 11,000

Monthly Estimate*

$ 4,191

133 W 1st Avenue, Hanley Falls, MN 56245 - Image 1
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133 W 1st Avenue, Hanley Falls, MN 56245 - Image 8
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133 W 1st Avenue, Hanley Falls, MN 56245 - Image 10
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133 W 1st Avenue, Hanley Falls, MN 56245 - Image 12
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Studio

Commercial Property for sale in Hanley Falls, MN

for $600,000. This 11,000 square foot building was built in 1979 on a lot size of 0.56.

A great investment with several long term tenants. Roof is less than 8 years old. Laundry on each floor with folding tables. Some of the units have newer flooring, some new refrigerators and stoves. Each unit has a wall a/c unit, walk in pantry. Each tenant has a parking space with an electric hook up for a tank heater. Building is a secure building, you need a key for entry. Large lawn with a picnic table. Plenty of space for an owner to bring in storage units to rent out for more income.

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,674

Style

Apartment

Lot Size

0.56

Year Built

1979

Town/City

Hanley Falls

County/Region

Yellow Medicine

MLS | Web ID

6516518
Features
General
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Utilities Electric Separate
Roof Asphalt
Appliances Exhaust Fan Range Refrigerator
Garage Spaces 0
Construction Materials Brick/Stone Vinyl Siding
Year Built 1979
Tenant Pays Cable TV Electricity
Topography Level
Levels Two
Property SubType Apartment
Tax Year 2023
Current Use Residential
Gross Income 81360
Accessibility Hallways 42 + No Stairs External
County Yellow Medicine
Insurance Expense 4800
Property Type Commercial Sale
Association Amenities Coin-op Laundry Owned Security
Contingency None
Subdivision Name Hanley Falls
Possible Use Investment
Directions Hwy 23 enter Hanley Falls on 200th Ave S St turn N on 2nd Ave W. Property is 3 blocks down on the left.
City Hanley Falls
Buyer Agent Compensation 2.00
High School District Yellow Medicine East
Zoning Description Residential-Multi-Family
Total Units 12
Street Name 1st
Land Lease Y/N N
Tax Annual Amount 11674
Electric Expense 4416
Fuel Expense 0
Water Sewer Expense 4800
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) City View Kitchen Window Walk-In Closet
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Avenue
Ceiling Height 8-10
Foundation Dimensions 85 x 65
Fuel Electric
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Exterior
Parking Features Assigned Asphalt Electric Parking Lot Open
Lot Features Corner Lot Tree Coverage - Medium Underground Utilities
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Land
Lot Size Area 0.56
Building Area Total 11000
Lot Dimensions 140x175
Lot Size Units Acres
Foundation Area 5525
Road Frontage Type City Street
Road Responsibility Private Maintained Road Public Maintained Road
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Internal Only
Street Number 1 133
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* Excluded Features
List By
Marshall Area Homes

Broker

sherry68math@gmail.com

Email

Affordability Calculator

$5,164
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,191
Monthly Property Taxes
$973
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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Nearby
3048709 Elementary School
3048713 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$575,000 Listed Price

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133 W 1st Avenue, Hanley Falls, MN, 56245 is a Commercial Property for sale at $600,000 with 11,000 sqft and a lot size of 0.56. 133 W 1st Avenue is a studio with 0.0 baths and was built in 1979. The property's zip code is 56245 which is in Hanley Falls, MN

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