For Sale: New Germany MLS# 6627984
Active
$450,000
Commercial: Apartments
Built 1915
0.13 acres
Waconia schools
MLS# 6627984
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
New Germany
County:
Carver
Year Built:
1915
State:
MN
Property Style:
Apartments
Zip Code:
55367
Subdivision Name:
City Lts Of New Germany
Interior
Ceiling Height:
8-10
Ranges:
Five
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Water Softener Owned
Basement Details:
Unfinished
Exterior
Stories:
Two
Other Parking Spaces:
12
Air Conditioning:
Central Air
Foundation Size:
3,770 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Gravel
- Parking Lot
Unit Amenities:
- Hardwood Floors
- Kitchen Window
- Tile Floors
Exterior Material:
- Steel Siding
- Stucco
- Wood Siding
Lot & Land
Acres:
0.13
Geolocation:
44.884269, -93.970748
Inclusions:
Building, Leases
Lot Dimensions:
135 x 133
Zoning:
Residential-Multi-Family
Schools
School District:
110
District Phone:
952-442-0600
Expenses
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,250
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$6,262
Income
Annual Gross Income:
$53,760
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Hot Water Separate
Water System:
City Water - In Street
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 Edina Realty, Inc..
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.