For Sale: Akeley MLS# 6638208
Active
$405,000
Commercial: Apartments
Built 1997
0.5 acres
Walker-Hackensack-Akeley schools
MLS# 6638208
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Property Description
Discover an exceptional income-producing property in the heart of Akeley, Minnesota! This 8-unit apartment complex is an ideal investment opportunity for new and seasoned investors alike. Located in a peaceful small-town setting, this property is perfectly situated just minutes from Walker, the pristine waters of Leech Lake, and a short drive to major area attractions, shops, and dining.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$405,000
Property Type:
Commercial
City:
Akeley
Garage Spaces:
0
County:
Hubbard
Year Built:
1997
State:
MN
Property Style:
Apartments
Zip Code:
56433
Subdivision Name:
Orignal Townsite/Akeley
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
8
Foundation Size:
7,200 ft2
Foundation Dimensions:
60 x 60
Handicap Accessible:
Hallways 42"+, No Stairs External, Other
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Gravel
- Other
- Parking Lot
- Shared Driveway
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.5
Geolocation:
47.002761, -94.728169
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory, Land, Other
Lot Dimensions:
165 x 132 x 165 x 132
Zoning:
Residential-Multi-Family
Schools
School District:
113
District Phone:
218-547-4201
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,246
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,246
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| 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 Coldwell Banker 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.