Call Us Contact

My notes for this property


Add listing to my favorites (required)
Active
Listed
$469,000
/mo   Edit
MLS# 5281329
Commercial
Built 1953
Hutchinson schools
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Description:   8 plex apartment building located in SE Hutchinson has many updates throughout.
    List Price: $469,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1953
    City: Hutchinson
    Zip Code: 55350

    Interior

    Building Fin Sq Ft: 6,838 ft²
    Appliances Included: Range, Refrigerator, Washer, Dryer
    Total Ranges: Six or More
    Total Refrigerators: Six or More
    Basement Details: Sump Pump

    Exterior

    Heating System: Hot Water
    Foundation Size: 3,474 ft²
    Shared Amenities: Deck
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Wood, Brick/Stone
    Garage Spaces: 1
    Other Parking Spaces: 8

    Lot

    Acres: 0
    Lot Description: Tree Coverage - Light
    Latitude: 44.87976600
    Longitude: -94.36418400
    Lot Size Dim.: 157x132
    Zoning: Residential-Multi-Family

    Schools

    School District: 423 - Hutchinson
    District Phone: 320-587-2860

    Expenses

    Annual Fuel Expense: $8,303
    Annual Insurance Expense: $2,184
    Annual Maintenance Expense: $469
    Annual Repair Expense: $6,243
    Annual Gross Expense: $26,472
    Owner Expenses: Taxes, Insurance, Water/Sewer, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn
    Tenant Expenses: Electric, Cable T.V.

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,050
    Assessment Pending: No
    Taxes w/ Assessments: $6,412

    Income

    Annual Gross Income: 72158.00
    Total Monthly Income: $3,410

    Rent

    Annual Net Income: None

    Unit

    Total Rooms in Unit 1: 1
    Total Rooms in Unit 2: 4
    Total Rooms in Unit 3: 0
    Total Units: 8
    Number of Efficiencies: 3

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate, Heating Common, Electric Separate, Hot Water Separate, Hot Wa
    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.
    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Brian
    Fulcher
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.

    to

    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  

    Comments/Questions:  

    Listing provided by RMLS, courtesy of Hometown Realty, Inc