1037 Spencer Street South

Shakopee, MN 55379

$1,175,000
Price
—
Beds
6,864 Sq. Ft.
$171 / Sq. Ft.
6,864
Sq. Ft.
$171
per Sq. Ft.

Description

Wonderful 8-Unit Apartment in Shakopee! Well maintained, 12 x 15 Laundry Room, strong rental history, same owner for past 30+ years. 7 leases are month to month and the 8th lease ends in the spring of 2025. Rare opportunity to own 8 units in one of the fastest growing communities in the suburbs. Room Dimensions for 7 Units with 2 Bedrooms: 8 x 8 Kitchen, 8 x 8 Dining Room, 13 x 16 Living Room, 8 x 11 1st Bedroom, 10 x 12 2nd Bedroom, Full Bath. Room Dimensions for 1 Unit with 1 Bedroom: 8 x 11 Kitchen,...Wonderful 8-Unit Apartment in Shakopee! Well maintained, 12 x 15 Laundry Room, strong rental history, same owner for past 30+ years. 7 leases are month to month and the 8th lease ends in the spring of 2025. Rare opportunity to own 8 units in one of the fastest growing communities in the suburbs. Room Dimensions for 7 Units with 2 Bedrooms: 8 x 8 Kitchen, 8 x 8 Dining Room, 13 x 16 Living Room, 8 x 11 1st Bedroom, 10 x 12 2nd Bedroom, Full Bath. Room Dimensions for 1 Unit with 1 Bedroom: 8 x 11 Kitchen, 11 x 14 Living Room, Bedroom 10 x 10, Full Bath. Come see!
  1. Listed by Kubes Realty Inc

Property Details for 1037 Spencer Street South

Subdivision Name
Subdivisionname Southview Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/22/2024 03:32 PM

Property Details for 1037 Spencer Street South

StatusActive
MLS #6569471
Days on Compass106
Taxes$12,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1967
Lot Size0.61 AC / 26,571 SF
CountyScott County

Building Information for 1037 Spencer Street South

Stories-Residences8Year Built1967Lot Size0.61 AC / 26,571 SF

Property Information for 1037 Spencer Street South

Summary
Location and General Information
  • City Name: Shakopee
  • County Or Parish: Scott
  • County: Scott-MN
  • Directions: From169 head North on Marystown Rd, then East on Vierling, North on Spencer and the apartment is on the right.
  • Latitude: 44.787633
  • Longitude: -93.519624
  • Map Coordinate: 146-B3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Shakopee
  • City and Location Text: Shakopee(MN)
  • Postal Code: 55379
  • State Or Province: MN
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 270220220
  • Tax Annual Amount: $12,300.00
  • Tax Legal Description: SUBDIVISIONNAME SOUTHVIEW ADDN LOT 011 BLOCK 002 SUBDIVISIONCD 27022 & LOT 12
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 12300.0000
School Information
  • High School District: 720 - Shakopee
  • School District Number: 720
  • School District Phone: 952-496-5006
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 0.61
  • Lot Size Dimensions: 153 x 179 x 150 x 177
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 6864.0
Property and Assessments
  • Age Of Property: 57
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 3432.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
Interior Features
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Cooling: Wall Unit(s)
  • Heating: Boiler
  • Levels: Two
  • Number of Refrigerator: Six or More
  • Basement YN: No
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $1,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 5
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 6
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 4
  • Unit SqFt: 700
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 7
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
Unit 8
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 800
  • Unit Type Actual Rent: $930.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1

Property History for 1037 Spencer Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1037 Spencer Street South

Taxable ValueLand$120,000Additions$844,600Total$964,600
Tax Record2024$12,300 ($1,025 / month)
Home Facts
Total Finished SqFt3,432 SqFtAbove Grade Finished SqFt3,432 SqFtLot Size26,572 SqFtStyleMulti-Family Res (5+ Units)Year Built1967CountySCOTTAPN27-022022-0

Schools near 1037 Spencer Street South

This home is within Shakopee Public School District.
Rating
School
Type
Grades
Distance
Sweeney Elementary School
Public - K to 5
Shakopee East Junior High School
Public - 6 to 8
Shakopee Senior High School
Public - 9 to 12
Central Family Center
Public - PK to 12
Rating
School
Distance
Sweeney Elementary School
PublicK to 5

Shakopee East Junior High School
Public6 to 8

Shakopee Senior High School
Public9 to 12

Central Family Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1037 Spencer Street South, Shakopee, MN 55379

1037 Spencer Street South is for sale in Shakopee, MN 55379. This property was listed for sale on July 16, 2024 by Kubes Realty Inc, it's currently listed at $1,175,000. This listing's school district is Shakopee Public School District. Nearby schools include Sweeney Elementary School, Shakopee East Junior High School and Shakopee Senior High School. 1037 Spencer Street South is a 0-bed, 0-bath, 6,864 sqft built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kubes Realty Inc

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/22/2024 03:32 PM