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.
Property Features
Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard
Lot Size: 0.70 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $6,856
Year Built: 1979
Feature Descriptions
Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 232
Foundation Size: 3072
Lot Dimensions: 180x170
Parcel#: 210150010
Parking: Gravel
Sale Includes: Building, Leases
Sewer: City Sewer - In Street
Tenant Expenses: Electricity, Heat
Units: 8
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water - In Street
Local Schools
School District: Southland
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 952-283-0644
Shown By
Agent Name: Rob Arguello
Agent Phone: (507) 990-8989
Agency Title: Counselor Realty
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18 NE Schmitz Street | MLS# 7006896
This commercial property located at 18 NE Schmitz Street, Adams, MN 55909 is currently listed for sale with an asking price of $449,900. NE Schmitz Street is located within the Southland school district. Search Adams real estate on rarguello.counselorrealtyofrochester.com today.