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716 Maple Street

Monticello, MN 55362
  • $3,785,000
  • STATUS: Active
  • ON SITE: 317 Days
  • ID#: 6089196
Price Reduced
UPDATED: 44 min ago
$3,785,000
  • 0
    BEDS
  • 4.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,814
    SQFT
  • $88
    $/SQFT
Type:
Commercial
Built:
1975
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.

Description

Email listing agent for PL. Partnership transfer based on title restrictions in place until 2029 - purchaser is purchasing equity in a partnership. Partnership can be substituted. Owners will convey property to a majority stakeholder or an option facilitated by an attorney for partnership transfer. Maximum potential can be reached in 2029 - Limited profit can only show $1,200 a year. 30 year depreciation has been reached - reflected in PL. Second mortgage not allowed. Ideal 1031 option. No garages. No dishwashers. No A/C units provided. Maintenance supplies are not capitalized for tax purposes - K1. Fee manager in place, can stay with the property if desired.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-07-07T09:23:32.187.

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716 Maple Street Monticello, MN 55362

  • Price: $3,785,000
  • Status: Active
  • On Site: 317 Days
  • Updated: 44 min ago
  • ID#: 6089196
0
Beds
0
Baths
0
½ Baths
4.88
Acres
42,814
SQFT
$88
$/SQFT
1975
Built
County:
Wright
School District:
882 - Monticello
Property Description
Email listing agent for PL. Partnership transfer based on title restrictions in place until 2029 - purchaser is purchasing equity in a partnership. Partnership can be substituted. Owners will convey property to a majority stakeholder or an option facilitated by an attorney for partnership transfer. Maximum potential can be reached in 2029 - Limited profit can only show $1,200 a year. 30 year depreciation has been reached - reflected in PL. Second mortgage not allowed. Ideal 1031 option. No garages. No dishwashers. No A/C units provided. Maintenance supplies are not capitalized for tax purposes - K1. Fee manager in place, can stay with the property if desired.
Exterior Features

Construction Materials Brick/StoneOther Foundation Area 10500 Lot Size Dimensions 443X470x134x289x441 Parking Features OpenAsphaltDriveway - Other SurfaceShared DrivewayPavedAssignedUnassigned Parking Open 70 Waterfront YN No

Interior Features

Heating BaseboardHot Water

Property Features

Accessibility Features Wheelchair Ramp(S)Other Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use Residential Foreclosure Status No Fuel Natural Gas Inclusions BuildingLandLeasesRental LicenseOther Land Lease Amount 0 Lender Owned No Postal City Monticello Potential Short Sale No Property Sub Type Mixed Use Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 35170 Tax With Assessments 35170.00 Tax Year 2021 Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities Heating SeparateElectric Separate Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Realty. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-07-07T09:23:32.187.

Click here for Digital Millennium Copyright Act
 
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Logo
The Michael Kaslow Team | Keller Williams Integrity Lakes
5315 Lyndale Avenue S Suite B
Minneapolis MN, 55419
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.