300 1st Street S, Montgomery, MN 56069

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Listed By

Agency Name: LPT Realty, LLC
Agency Phone: 877-366-2213

Shown By

Agent Name: Mary Rooney
Agent Phone: (763) 229-1133
Agency Title: Counselor Realty

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Property Description

Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers arare opportunity for both investors and owner-occupants alike. The building features five residentialunits, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the propertyboasts a spacious commercial unit, ideal for a business owner or additional income stream. A detachedgarage adds further value and functionality for tenants or storage. Recent updates enhance both theappeal and long-term value of the property, including fresh paint and new flooring throughout two of theresidential units, and a new water heater, making this a turnkey opportunity with key improvementsalready completed. Whether you're looking to expand your portfolio or secure a property with multipleincome streams, this well-maintained building within driving distance to the twin cities offersflexibility, updates, and solid investment potential.

300 1st Street S | MLS# 7065550

This commercial property located at 300 1st Street S, Montgomery, MN 56069 is currently listed for sale with an asking price of $424,900. 1st Street S is located within the Tri-City United school district. Search Montgomery real estate on maryrooney.counselorrealty.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Window Unit(s)
Fuel Type: Electric, Natural Gas
Garage: 1
Heating: Baseboard, Forced Air
Lot Size: 0.16 Acres
Roof Type: Age 8 Years or Less
Taxes: $6,356
Year Built: 1900

Feature Descriptions

Appliances: Disposal, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned
Current Use: Residential, Retail
Days on Site: 2
Foundation Size: 2696
Lot Dimensions: 134x53
Owners Expense: Grounds Care, Repairs, Taxes, Trash Collection, Water
Parcel#: 224700140
Parking: Attached Garage, Paved Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 6
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected

Local Schools

School District: Tri-City United

Near By

Demographics

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