NOT LISTED FOR SALE

203 N 1st St Unit First Elysian, MN 56028

15 Beds
8 Baths
3,456 Sq Ft
0.42 Acres

Last Sold April 30, 2019

Last sale price $358,000 $104 Per Sq Ft

5 Days on Market

Highlights

  • Eat-In Kitchen
  • Landscaped
  • Baseboard Heating
  • Wheelchair Access
  • Water Softener is Owned
  • Coin Laundry

About This Home

As of April 2019

If you're a seasoned investor or just getting out there, here is a property you won't want to miss out on. One of the few rental properties located in Elysian, this one has an excellent rental history! Complete with it's own off-street parking lot, storage shed, onsite coin operated laundry, steel roof, new siding and flooring it's virtually maintenance free! All eight units are fully rented and occupied. Seven 2-bdrm units and one ADA compliant one bedroom. Some units have been updated with newer flooring, paint and fixtures. Adjacent to a park and walking distance to Lake Francis or downtown Elysian, the location couldn't be better! Call today for your private showing!

Last Listed By

Christa Wolner

Connect Real Estate Group Listed on: 03/14/2019

Property Details

Home Type

  • Apartment

Year Built

  • 1979

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 122x150
  • Landscaped
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Parking

  • 1 Parking Space Included
  • Off-Street Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Modified Wall Outlets
  • Lowered Countertops
  • Lowered Light Switches
  • Wheelchair Access

Location

  • Ground Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • 8 Units
  • Coin Laundry
  • Gross Income $53,818

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for janitorial, lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number 16.450.0100

Property Details

Home Type

Apartment

Year Built

1979

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Apartment Building (L)
  • Ada Features: Fully Wheelchair, Reduced Height Counters, Lowered Switches/Controls, Raised Outlets, Grab Bars in Bathroom
  • Assessment Balance: 10633.16
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 3456
  • L V T Date: 03/14/2019
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: 16.450.0100
  • Price Per Square Foot: 103.59
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 6604
  • Estimated Number of Acres: 0.42
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 15
  • Total Bathrooms: 8
  • Finished Above Grade Sq Ft: 3456
  • Total Square Footage: 3456

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Number Off Street Parking: 10

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Waterville-Elysian-Morristown #2143

Lot Info

  • Lot/Land Description: Landscaped, Tree Coverage - Light
  • Estimated Lot Dimensions: 122x150

Rental Info

  • Owner Expense: Janitorial, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric
  • Type of Tenancy: One Year Lease

Multi Family

  • Total Units Available: 8
  • Est Annual Gross Expense: 22291.28
  • Est Annual Gross Income: 53817.78

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $358,000 0.0% $104 / Sq Ft
03/20/2019 03/20/19 Off Market $358,000 -- --
03/19/2019 03/19/19 Pending -- -- --
03/15/2019 03/15/19 Off Market $358,000 -- --
03/14/2019 03/14/19 For Sale $364,750 -- $106 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020199

REALTOR® Association of Southern Minnesota