MN > Shakopee > Hesses 1St Add
Shakopee, MN 55379,1409 Shakopee AVE E
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Shakopee, MN 55379,1409 Shakopee AVE E
Shakopee, MN 55379,1409 Shakopee AVE E
Shakopee, MN 55379,1409 Shakopee AVE E
Shakopee, MN 55379,1409 Shakopee AVE E
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Michael Kaslow

Michael Kaslow

+1(612) 619-6855
$ 1,549,000
Est. payment /mo
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1409 Shakopee AVE E Shakopee, MN 55379

0.69 Acres Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Hesses 1St Add

MLS Listing ID 6766095

Year Built 1970

Annual Tax Amount $15,402

Tax Year 2025

Contingent None

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions Irregular

Property Sub-Type Apartment

Property Description

1409 E Shakopee Ave is a rare opportunity to acquire a stable 10-unit apartment complex in the highly sought after city of Shakopee, MN. The unit mix is nine two-bedroom, one-bath and a unique three-bedroom, one-bath apartment. Long-term owners have kept this asset in perfect condition, with a historically low vacancy rate, and a zero accounts receivable record. The exterior features a classical well tuckpointed Chicago brick look with vinyl replacement windows new in 2016. Apartments are above average square feet compared to the market and have corridor kitchens, eat-in-dining areas, and spacious living rooms with large picture windows. Residents enjoy plenty of extra closet space within the units plus lower level additional storage lockers. Amenities to point out are the newer coin operated washers and dryers, secured keyless entrances for safety, super over-sized parking lot for residents and guests, and close to downtown main street Shakopee with many newer business's and shoppes. Fully occupied with below market rents that can be raised organically over time in a non rent-controlled community. Newer hot water boiler (2022) and hot water heater (2023) are a bonus for a new owner!! Tours are to be set up through the listing broker Monday - Friday.

Location

State MN

County Scott

Zoning Residential-Multi-Family

Rooms

Basement Block, Finished, Full

Interior

Heating Boiler, Hot Water

Cooling Wall Unit(s)

Inclusions Building, Land, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Asphalt, Parking Lot, Paved

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Asphalt,Pitched

Present Use Residential

Building

Lot Description Irregular Lot, Some Trees

Story Three Or More

Foundation 4084

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District Shakopee

Listed by Nathan Opatz • Apartment Cash Flow, Inc.
agent

Michael Kaslow

Agent & CEO | License ID: 502033806

+1(612) 619-6855

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1409 Shakopee AVE E