9-15 Schmitz Street

Adams, MN 55909

$240,000
Price
Beds
3,849 Sq. Ft.
$62 / Sq. Ft.
3,849
Sq. Ft.
$62
per Sq. Ft.

Description

Discover a prime investment opportunity with this 4-plex located in Adams. This versatile property features a mix of residential units designed for easy living and consistent rental income. Included is a 3-bedroom house, 2 – 1 bedroom efficiency apartments and a 2-bedroom apartment. Each unit boasts its own garage space, ensuring parking and storage for each unit. Tenants will also enjoy backyard patio spaces. This property offers the essential amenities for straightforward living, making it an attractive...Discover a prime investment opportunity with this 4-plex located in Adams. This versatile property features a mix of residential units designed for easy living and consistent rental income. Included is a 3-bedroom house, 2 – 1 bedroom efficiency apartments and a 2-bedroom apartment. Each unit boasts its own garage space, ensuring parking and storage for each unit. Tenants will also enjoy backyard patio spaces. This property offers the essential amenities for straightforward living, making it an attractive option for prospective renters and an excellent addition to any real estate portfolio.
  1. Listed by Dwell Realty Group LLC

Amenities

  • Air Conditioning
  • Basement
  • Corner Lot
  • Forced Air
  • Garage
  • Partial Basement
LISTING UPDATED: 11/07/2024 03:46 PM

Property Details for 9-15 Schmitz Street

StatusActive
MLS #6596415
Days on Compass75
Taxes$5,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1961
Lot Size0.31 AC / 13,503 SF
CountyMower County

Building Information for 9-15 Schmitz Street

Stories-Residences4Year Built1961Building Size-Lot Size0.31 AC / 13,503 SF

Property Information for 9-15 Schmitz Street

Summary
Location and General Information
  • City Name: Adams
  • County Or Parish: Mower
  • County: Mower-MN
  • Directions: From Highway 56 traveling East, turn onto Schmitz St. Property is on the corner of Schmitz St and Highway 56.
  • Latitude: 43.565740472
  • Longitude: -92.7129215646
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Adams
  • City and Location Text: Adams(MN)
  • Postal Code: 55909
  • State Or Province: MN
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels Description: 210050160
  • Additional Parcels: Yes
  • Parcel Number: 210050165
  • Tax Annual Amount: $5,180.00
  • Tax Legal Description: Block 003 SubdivisionCd 21005 SubdivisionName GULLIK OLSON'S ADD ADAMS S72FT LOT 12 & S72FT E30FT LOT 11 & Block 003 SubdivisionCd 21005 SubdivisionName GULLIK OLSON'S ADD ADAMS LOT 12 EXC S72FT & E30FT LOT 11 EXC S72FT
  • Tax Other Annual Assessment Amount: $4,870.85
  • Tax Year: 2024
  • Tax With Assessments: 6664.0000
School Information
  • High School District: 500 - Southland
  • School District Number: 500
  • School District Phone: 507-582-3283
Property
Lot Information
  • Above Grade Fin SQFT: 3449.0
  • Below Grade Fin SQFT: 400.0
  • SQFT Total: 3849.0
  • Lot Features: Corner Lot
  • Lot Size Area: 0.31
  • Lot Size Dimensions: .31
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 2769.0000
  • Building Area Total: 5065.0
  • Above Grade SqFt Total: 3449.0000
  • Below Grade SqFt Total: 1616.0000
Property and Assessments
  • Age Of Property: 63
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 3305.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Metal
  • Patio Porch Type: Patio
Interior Features
  • Basement Type: Partial, Unfinished
  • DP Resource: Y
  • Garage Square Feet: 1524
  • Heating: Boiler, Forced Air
  • Levels: Split Entry (Bi-Level)
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Patio
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 145.00
  • Unit Fireplace Num: 0
  • Unit Rooms Total: 9
  • Unit SqFt: 1760
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Level: Upper
  • Dining Room Level: Upper
  • Extra Room 1 Level: Lower
  • Family Room Level: Upper
  • Kitchen Room Level: Upper
  • Living Room Level: Lower
  • Unit Level: Multi-Level
  • Unit Type Total Rent: 9000
  • Unit Furnished: No
Unit 2
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 3/4 Bath
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 125.00
  • Unit Rooms Total: 4
  • Unit SqFt: 675
  • Unit Type Actual Rent: $475.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 5700
  • Unit Furnished: No
Unit 3
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 3/4 Bath
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 156.00
  • Unit Rooms Total: 4
  • Unit SqFt: 544
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Level: Main (Ground)
  • Family Room Level: Main (Ground)
  • Kitchen Room Level: Main (Ground)
  • Living Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 6600
Unit 4
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 1/2 Bath,Main Floor 3/4 Bath
  • Unit Bath Full: 0
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 125.00
  • Unit Rooms Total: 5
  • Unit SqFt: 870
  • Unit Type Actual Rent: $575.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Level: Main (Ground)
  • Extra Room 3 Level: Main (Ground)
  • Extra Room 4 Level: Main (Ground)
  • Extra Room 5 Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 6900
  • Unit Furnished: No

Property History for 9-15 Schmitz Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 9-15 Schmitz Street

This home is within Southland Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Southland Elementary School
PublicPK to 5

Southland Middle School
Public6 to 8

Southland Senior High School
Public9 to 12

Sacred Heart School
PrivateK to 8

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.

Similar Homes

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9-15 Schmitz Street is a multi-family home for sale in Adams, MN 55909. This property was listed for sale on September 3, 2024 by Dwell Realty Group LLC, it's currently listed at $240,000. This listing's school district is Southland Public School District. Nearby schools include Southland Elementary School, Southland Middle School and Southland Senior High School. 9-15 Schmitz Street is a 0-bed, 0-bath, 3,849 sqft multi-family home built in 1961.

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 Dwell Realty Group LLC

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 11/07/2024 03:46 PM