Home or investment opportunity.

3-unit multi-fa mily property with newer roof and vinyl siding. Live in one unit and use rents to help offset your mortgage! Or keep all 3 units rnted for a extraordinary investment.

Unit 1 leased thru Feb 2025 at $725. Unit 2 - long term tenant at $450 month. Unit 3 at $495. Tenants pay all utilities. Central location in town, close to shopping and restaurants.

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on 401 N Broadway St
in Spring Valley, MN
Presented by LYNN FRANKO, Agent at
Coldwell Banker River Valley, Realtors-Rochester.


Property MLS #6512481 from NorthstarMLS

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+ Bedrooms

Bedrooms: 4

+ Other Rooms

Basement Features: Stone

+ Bathrooms

Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Forced Air
Heating Fuel: Natural Gas

+ Exterior and Lot Features

Vinyl

+ Land Info

Land Lease Amount Frequency: No
Lot Description: Irregular Lot
Lot Size Acres: 0.488
Lot Size Dimensions: Irregular
Lot Size Square Feet: 21257

+ Garage and Parking

Garage Spaces: 1
Garage Sqft: 168

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Units: 3

+ School Information

School District: 2137 - Kingsland
+ Display Complete School Details

Kingsland Senior High School is a public middle and high school located approximately 0.4 miles away.
Map directions

Kingsland Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

+ Rental Info

Tenant Pays: Cable T.V., Electric, Fuel, Trash

+ Other Property Info

Annual Tax Amount: 2972.00
Source Listing Status: Active
County: Fillmore
Directions: Hwy 63 to Spring Valley. Located 1 block north of Kwik Trip on Broadway.
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Steffens & Edwards Add
Owner Pays: Insurance, Lawn, Maintenance/Repair, Snow, Taxes
Parcel Number: 360681000
Subdivision: Steffens & Edwards Add
Zoning: Residential-Multi-Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$117,100 + $35,000 $152,100	$1,970
2020	$85,000 + $22,800 $107,800	$1,950
2019	$91,600 + $22,800 $114,400	$2,004
2018	$78,400 + $22,800 $101,200	$2,144
2017	$75,700 + $22,800 $98,500	$1,988
2016	$69,100 + $22,800 $91,900	$1,830
2015	$72,600 + $22,800 $95,400	$1,820
2014	$72,600 + $22,800 $95,400	$1,826
2013	$75,800 + $22,800 $98,600	$1,976
2012	$79,300 + $24,100 $103,400	$2,084

+ Reveal Property Sale History

Listed 2024-04-02
$169,000
NorthstarMLS

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Sold 2018-07-18
$65,000
Public Record

+ Building and Construction

Total Square Feet Living: 2697
Above Grade Finished Area: 2697
Foundation Area: 1597.00
Property Age: 139
Property Condition: Previously Owned
Levels or Stories: 1
Total Above Grade Sqft Area: 2697.00
Total Area Main: 1863.00

+ Utilities

Electric: 100 Amp Service, Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected