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18 NE Schmitz Street , Adams, MN 55909

$449,900
  • 18 NE Schmitz Street , Adams, MN 55909 Main Photo

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Active
MLS#7006896
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMays 1st Add SCHOOLSouthland

Property Description

Well-maintained 8-unit apartment building located in Adams. The property features a balanced unit mix of six 2-bedroom units and two 1-bedroom units.The building is configured with two separate coin-operated laundry rooms, one serving each section of the property. Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage.The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.

18 NE Schmitz Street | MLS# 7006896

This commercial property located at 18 NE Schmitz Street , Adams, MN 55909 is currently listed for sale with an asking price of $449,900. NE Schmitz Street is located within the Southland school district. Search Adams real estate on www.leblancrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard
Lot Size: 0.70 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $6,856
Year Built: 1979

Feature Descriptions

Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 58
Foundation Size: 3072
Lot Dimensions: 180x170
Parcel#: 210150010
Parking: Gravel
Sale Includes: Building, Leases
Sewer: City Sewer - In Street
Tenant Expenses: Electricity, Heat
Units: 8
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water - In Street

Local Schools

School District: Southland

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 952-283-0644

Shown By

Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451

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