614-620 10th Street SE Austin, MN ^$ 640,000

614-620 10th Street SE

^$ 640,000

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614-620 10th Street SE

Austin, MN, 55912

^$ 640,000

Studio Baths0.0 Sq 5,564

Monthly Estimate*

^$ 4,471

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Studio

Commercial Property for sale in Austin, MN

for $640,000. This 5,564 square foot building was built in 1955 on a lot size of 0.7.

Hard-to-find purpose-built multi-unit property! 4x duplexes for a total of 8 units. All built with separate utilities for reduced owner expenses. Several units have had interior remodels completed, a few units are vacant and ready to update to your liking. Tenant is responsible for all utilities in their unit. Road is private and owner pays for maintenance/snow removal on the road. 2 parcel IDs included in sale.

Commercial Pending

Price

^$ 640,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,088

Style

Apartment

Lot Size

0.7

Year Built

1955

Town/City

Austin

County/Region

Mower

MLS | Web ID

6498546

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Construction Materials Aluminum Siding

Year Built 1955

Property SubType Apartment

Tax Year 2023

Current Use Residential

Accessibility None

Additional Parcels Description 342450270

County Mower

Property Type Commercial Sale

Contingency None

Subdivision Name Elmwood Sub

Directions From Oakland Ave E turn south on 10th Dr SE right on 10th St SE

City Austin

Buyer Agent Compensation 3.00

High School District Austin

Zoning Description Residential-Multi-Family

Total Units 8

Street Name 10th

Land Lease Y/N N

Tax Annual Amount 7088

Additional Parcels Y/N Y

Days on Market 8

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Gravel

Water Source City Water/Connected

Inclusions Building Land Rental License

Lot Size Area 0.7

Building Area Total 5564

Lot Dimensions irregular

Lot Size Units Acres

Foundation Area 5564

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 614

* Excluded Features

List By

Infinity Real Estate

Broker

info@jonespy.com

Affordability Calculator

$5,061

Per Month

Monthly Principal & Interest: $4,471
Monthly Property Taxes: $591
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Austin, MN

Average List Price ^$364,024

Percent of Sale Price 43%

About Austin, MN

24,843 Population

3% Since 2002

^$46,512 Median Income

38.07 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2005183 Elementary School

2005182 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2024	$640,000		Listed Price

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614-620 10th Street SE, Austin, MN, 55912 is a Commercial Property for sale at $640,000 with 5,564 sqft and a lot size of 0.7. 614-620 10th Street SE is a studio with 0.0 baths and was built in 1955. The property's zip code is 55912 which is in Austin, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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614-620 10th Street SE

Commercial Property for sale in Austin, MN

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