18 Ne Schmitz Street, Adams, MN

$449,900

14

Beds

8

Baths

6,411

Square feet

0.70

Acres

About 18 Ne Schmitz Street

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.

Features of 18 Ne Schmitz Street

MLS® # 7006896
Price $449,900
Square Footage 6,411
Acres 0.70
Year Built 1979
Type Commercial
Status Active
Contingency Type None

Community Information

Address 18 Ne Schmitz Street
Subdivision Mays 1st Add
City Adams
County Mower
State MN
Zip Code 55909

Amenities

Utilities Electric Separate, Heating Separate, Hot Water Common
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Baseboard
Cooling Wall Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Features Stone, Vinyl
Roof Asphalt

School Information

District Southland

Additional Information

Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $6,856
Tax Year 2026
Office Compass

Listing Details

OfficeCompass

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