For Sale: Stewartville MLS# 6676529
Active
$2,000,000
Commercial: Apartments/Retail
Built 1870
0.16 acres
Stewartville schools
MLS# 6676529
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Property Description
These properties present an outstanding opportunity for investors seeking to own a prime piece
of real estate in a growing and vibrant community. Located in the heart of Stewartville, this
property offers easy access to local amenities, the central business district, and has 16
units updated, with the value add potential to update the remaining units.
With the updating that has been done, you get to take advantage of a cash flowing property
that has value add and appreciation benefits as well.
Stewartville is a town on the rise. Thanks to its close proximity to Rochester, the area has
seen significant economic and population growth, and itâ??s not slowing down anytime soon. As
businesses and residents continue to flock to the region, the demand for high-quality
properties like 105 Main Street is only set to increase. By investing in this property now,
youâ??re positioning yourself to take advantage of Stewartvilleâ??s growth.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,000,000
Property Type:
Commercial
City:
Stewartville
Garage Spaces:
0
County:
Olmsted
Year Built:
1870
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55976
Subdivision Name:
Wooldridge Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
5,905 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Other
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.16
Geolocation:
43.855354, -92.488896
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
52 x 320
Addl Parcels:
543431030319
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
534
District Phone:
507-533-1438
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$23,262
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$23,262
Units
Total Units:
26
Miscellaneous
Current Use:
- Professional Service
- Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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.
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!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.