118 W Center Street

Lake City, MN
$ 240,000 Beds 0 Baths 0 Sq 4,920
Monthly Estimate* How much can I afford?

Great investment opportunity in downtown Lake City! Building contains two main floor commercial units and 4 second level apartments. All units currently rented. Improvements made in 2019 include a new roof, exterior stucco, updated flooring, and fresh paint. Property is well maintained and produces a positive cash flow.

Pending

  • Price
  • $ 240,000
  • Lot Size
  • 4,356 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,920
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Lake City
  • Taxes
  • 4448
  • County
  • WABASHA
  • Style
  • Mixed Use
  • Area
  • Lake City
  • MLS#
  • 5724515
  • Zip
  • 55041
Listing Provided by: Lakeshore Real Estatae Krage & Associates, LLC.
Data Source: NorthstarMLS

Features

General

Accessibility None
Construction Materials Stucco, Brick/Stone
Contingency None
Cooling Window Unit(s)
Current Use Commercial
Heating Forced Air, Hot Water
High School District Lake City
Lender Owned No
Parking Features Units Vary
Property SubType Mixed Use
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Pending
Tax Annual Amount 4448
Total Units 6
Zoning Description Business/Commercial

Exterior Features

Foundationarea 2640
Lot Dimensions 45x100
Lot Size Area 0.1
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/22/2021 Listed $240,000

Property vs Zip Code Average in 55041

Price
AVG $230K
$240K
Taxes
AVG $1,863
$4,448
Visits
AVG 41
15
Year Built
AVG 1964
1900
Walkscore
AVG 24
63
Data Provided by Walkscore ® not using MLS data

Map

118 W Center Street Lake City, MN is a Single Family Home for sale at $240000 with 4920 sqft and a lot size of 4,356 SqFt Acre(s). 118 W Center Street Lake City has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 55041 which is in Lake City, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.