MN > Adams > Mays 1St Add
Adams, MN 55909,18 NE Schmitz ST
Adams, MN 55909,18 NE Schmitz ST
Adams, MN 55909,18 NE Schmitz ST
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Chad Pederson

Chad Pederson

+1(612) 325-8745
$449,900
Est. payment /mo
14 Beds
8 Baths
0.7 Acres Lot
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UPDATED:

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.

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

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Listed by Geoffrey Serdar • Compass

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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