201 Elm Street North

Lester Prairie, MN 55354

$670,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Offers ONLY from local non-profits & public agencies the first 60 days - after 60 days this opens to regional & national non-profit organizations Nestled in the heart of Lester Prairie a charming 12-unit apartment building. Its brick façade exudes a timeless appeal, welcoming residents. Within its walls reside ten cozy 1-bedroom units, each adorned with ample space and thoughtful design - basic rent $520. Additionally, two spacious 2-bedroom apartments provide a touch of luxury for those seeking...Offers ONLY from local non-profits & public agencies the first 60 days - after 60 days this opens to regional & national non-profit organizations Nestled in the heart of Lester Prairie a charming 12-unit apartment building. Its brick façade exudes a timeless appeal, welcoming residents. Within its walls reside ten cozy 1-bedroom units, each adorned with ample space and thoughtful design - basic rent $520. Additionally, two spacious 2-bedroom apartments provide a touch of luxury for those seeking more room to call home - basic rent rate $570. Residents enjoy the convenience of an on-site laundry facility, and a well-appointed community room. USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan notice interest rate to one percent. This institution is an equal opportunity provider. "Equal Housing Opportunity" USDA, Rural Development.
  1. Listed by eXp Realty

Property Details for 201 Elm Street North

Subdivision Name
Prairie Manor Apartments
Zoning Jurisdiction
Business/Commercial

Location

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LISTING UPDATED: 03/28/2024 11:16 AM

Property Details for 201 Elm Street North

StatusActive
MLS #6462152
Days on Compass155
Taxes$8,078 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1985
Lot Size1.00 AC / 43,560 SF
CountyMcLeod County

Location

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Building Information for 201 Elm Street North

Stories-Residences12Year Built1985Lot Size1.00 AC / 43,560 SF

Payment Calculator

$4,330 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,656

Property Taxes

$673

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 Elm Street North

Summary
Location and General Information
  • City Name: Lester Prairie
  • County Or Parish: McLeod
  • County: McLeod-MN
  • Directions: I-494 W to MN-5W. Turn right onto Rolling Acres Rd. Turn left onto MN-7 W. Turn left onto Babcock Ave. Turn left onto 1st Ave N. Turn left onto Elm St N. Destination on the left.
  • Latitude: 44.8866010152
  • Longitude: -94.0467727344
  • Map Coordinate: 113-B4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Lester Prairie
  • City and Location Text: Lester Prairie(MN)
  • Postal Code: 55354
  • State Or Province: MN
  • Public Survey Township: 116
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 170640200
  • Tax Annual Amount: $8,078.00
  • Tax Legal Description: A P SEC 2-116-27 LESTER PRAIRI PART OF LOTS 5 & 6
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 8078.0000
School Information
  • High School District: 424 - Lester Prairie
  • School District Number: 424
  • School District Phone: 320-395-2521
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 1.0
  • Lot Size Dimensions: irregular
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 9752.0
Property and Assessments
  • Age Of Property: 39
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 9752.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets
  • Road Responsibility: Public Maintained Road
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Type: Slab
  • Cooling: Wall Unit(s)
  • Heating: Boiler
  • Levels: One
  • Number of Refrigerator: One Per Unit
  • Shared Rooms: Community Room
  • Basement YN: No
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit SqFt: 624
  • Unit Type Actual Rent: $710.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: MAIN
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit SqFt: 768
  • Unit Type Actual Rent: $740.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: MAIN

Property History for 201 Elm Street North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 201 Elm Street North

This home is within Lester Prairie Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Lester Prairie Elementary School
PublicPK to 6

Lester Prairie Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Elm Street North is for sale in Lester Prairie, MN 55354. This property was listed for sale on November 27, 2023 by eXp Realty, it's currently listed at $670,000. This listing's school district is Lester Prairie Public School Dist.. Nearby schools include Lester Prairie Elementary School and Lester Prairie Secondary. 201 Elm Street North is a 0-bed, 0-bath, built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 03/28/2024 11:16 AM