10
See all 10 photos
$449,900
Est. payment /mo
14 Beds
8 Baths
0.7 Acres Lot
New
18 NE Schmitz ST Adams, MN 55909
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mays 1St Add
MLS Listing ID 7006896
Bedrooms 14
Year Built 1979
Annual Tax Amount $6,856
Tax Year 2026
Contingent None
Lot Size 0.703 Acres
Acres 0.703
Lot Dimensions 180x170
Property Description
Well-maintained 8-unit apartment building located in Adams. The property features a balanced unit mix of six 2-bedroom units and two 1-bedroom units.
The building is configured with two separate coin-operated laundry rooms, one serving each section of the property. Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage.
The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.
The building is configured with two separate coin-operated laundry rooms, one serving each section of the property. Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage.
The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.
Location
State MN
County Mower
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Baseboard
Cooling Wall Unit(s)
Inclusions Building, Leases
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Gravel
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Asphalt
Present Use Residential
Building
Story Two
Foundation 3072
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Two
New Construction false
Schools
School District Southland
Listed by Geoffrey Serdar • Compass
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