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300 1st Street S, Montgomery, MN 56069 Photo
300 1st Street S, Montgomery, MN 56069 Photo
$424,900
Status: Active
300 1st Street S Montgomery, MN 56069
  • Bedrooms
  • Total Baths
  • Square Feet
  • 0.16
    Acres
  • 1900
    Year Built
  • HOA

Property Description

Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers arare opportunity for both investors and owner-occupants alike. The building features five residentialunits, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the propertyboasts a spacious commercial unit, ideal for a business owner or additional income stream. A detachedgarage adds further value and functionality for tenants or storage. Recent updates enhance both theappeal and long-term value of the property, including fresh paint and new flooring throughout two of theresidential units, and a new water heater, making this a turnkey opportunity with key improvementsalready completed. Whether you're looking to expand your portfolio or secure a property with multipleincome streams, this well-maintained building within driving distance to the twin cities offersflexibility, updates, and solid investment potential.

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Property Features

MLS Number: 7065550
Subdivision: City Of Montgomery
County: Le Sueur
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction:
Waterfront: No
Property Type: Commercial - Retail
Cooling: Window Unit(s)
Fuel Type: Electric, Natural Gas
Garage: 1
Heating: Baseboard, Forced Air
Lot Size: 0.16 Acres
Roof Type: Age 8 Years or Less
Taxes: $6,356
Year Built: 1900

Feature Descriptions

Appliances: Disposal, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned
Current Use: Residential, Retail
Foundation Size: 2696
Lot Dimensions: 134x53
Owners Expense: Grounds Care, Repairs, Taxes, Trash Collection, Water
Parcel#: 224700140
Parking: Attached Garage, Paved Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 6
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected

Location

Listed By / Shown By

Listed By

Broker Name: LPT Realty, LLC
Broker Phone: 877-366-2213

Shown By

Broker Title: Lakes Partners
Broker Phone: 218-790-1468

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