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Active NEW!
$375,000
/mo Edit
Commercial:  Apartment,Business,Duplex Up and Down
Built 1945
1.18 acres
Inver Grove Hts. Community schools
MLS# 6650277
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    Property Description

    Ideal location for mixed-use commercial investment. Traditional commercial business or multi-family residence opportunites. Currently used as a 1.5 story single family home with second kitchen and investment/rental opportunities - just needs your ideas and a little TLC!! Located on 1+ acres with convenient access to hop on 494, 55 and 52. Lot includes a chicken coop, new retaining wall, two storage sheds, and LOADS of opportunity to use the beautiful space! New roof summer of 2024! Updated electrical, windows, siding, painting, trim and more have happened throughout the ownership of this home. Buyer to verify zoning and mixed use options available with the City of Inver Grove Heights. City sewer and water connection available. So many possibilities - come and check it out for yourself!

    Listing

    Contingency: None
    City: Inver Grove Heights
    County: Dakota
    State: MN
    Property Style: Apartment, Business, Duplex Up and Down
    Zip Code: 55077

    Interior

    Appliances Included:
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Softener Owned
    Basement Details:
    • Finished
    • Full
    • Walkout

    Exterior

    Garage Spaces: 1
    Garage Size: 40 ft2
    Other Parking Spaces: 2
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,086 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Ductless Mini-Split
    Parking Features:
    • Gravel
    • Tuckunder Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Kitchen Window
    • Natural Woodwork
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • County Road
    • Paved Streets
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 1.18
    Geolocation: 44.84744, -93.083207
    Inclusions: Building, Land
    Lot Dimensions: 51, 252 sqft
    Zoning:
    • Agriculture
    • Business/Commercial
    Lot Description: Tree Coverage - Heavy

    Farm

    Topography: Gently Rolling, Hilly, Meadow, Walkout, Wooded

    Schools

    School District: 199
    District Phone: 651-306-7800

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,818
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,818

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System:
    • City Sewer - In Street
    • Private Sewer
    Available Utilities:
    • Electric Common
    • Heating Separate
    Water System:
    • City Water - In Street
    • Private
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.