Address
1709 5th Street SW, Willmar, MN
Price
$ 780,000
Property Attributes
  • ID#6461105
  • TypeCommercial
  • CountyKANDIYOHI
  • CityWillmar
  • AreaScandia Terrace Add
  • NeighborhoodScandia Terrace Add
  • Zip56201
  • Style
  • Year Built1974
  • Taxes$ 9142
  • Price$ 780,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13176
  • Lot Size0.5 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Add this apartment to your Portfolio. Low Maintenance and currently professionally managed. Units are super clean and spotlessly meticulously maintained. If you have a 1031 exchange that needs a home this is the one. 12 Units 1 One Bedroom and 11 two Bedrooms 8 Individual Garage places. Currently 55 + Apartment Living.

Price History
11/17/2023 Listed $780,000

General Features

Accessibility None
Additional Parcels Y/N No
Appliances Range, Refrigerator, Tankless Water Heater, Water Softener Owned
Association Amenities Coin-op Laundry Owned, Patio
City Willmar
Construction Materials Brick Veneer, Cedar, Shake Siding
Contingency Inspection
Cooling Wall Unit(s)
County Kandiyohi
Current Use Other, Residential
Days on Market 9
Directions 19th Ave SW to 15th St SW to building
Fuel Expense 6248
Garage Spaces 8
Gross Income 103140
Heating Baseboard, Boiler
High School District Willmar
Insurance Expense 5775
Lender Owned No
Levels Three Or More
Net Operating Income 47264
Operating Expense 55876
Ownerpays Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Postalcity Willmar
Property Type Commercial Sale
Roof Age Over 8 Years, Flat, Rubber
Sewer City Sewer/Connected, City Sewer - In Street
Standard Status Active
Street Name 5th
Subdivision Name Scandia Terrace Add
Tax Annual Amount 9142
Tax Year 2023
Tenant Pays Electricity
Topography Level
Total Units 12
Trash Expense 1800
Utilities Electric Separate, Heating Common, Hot Water Common
Water Sewer Expense 7754
Year Built 1974
Zoning Description Residential-Multi-Family

Interior Features

Basement Slab
Ceiling Height 8-10
Foundation Dimensions 48x92
Fuel Natural Gas
Garage Dimensions 22x82
Garage Door Width 7
Garage Square Feet 1804
Street Suffix Street

Exterior Features

Foundation Area 4392
Inclusions Building, Fixture/Equipment, Leases, Rental License
Lot Dimensions 120x183
Lot Features Public Transit (w/in 6 blks)
Lot Size Area 0.5
Lot Size Units Acres
Parking Features Detached, Asphalt, Guest Parking, Multiple Garages, Paved, Unassigned, Open
Road Frontage Type City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road Responsibility Public Maintained Road
Water Source City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 56201

Price
AVG $280K
$780K
Taxes
AVG $10,646
$9,142
Visits
AVG 148
11
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1974
Walkscore
AVG 47
59
Data Provided by Walkscore® not using MLS data