300 1st ST S, Montgomery, MN 56069
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300 1st ST S, Montgomery, MN 56069
300 1st ST S, Montgomery, MN 56069
300 1st ST S, Montgomery, MN 56069
300 1st ST S, Montgomery, MN 56069

$360,000

Est. payment /mo

$374,900

4.0%
Est.Price: ?

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300 1st ST S Montgomery, MN 56069

6 Beds

6 Baths

7,143 Sqft Lot

SOLD DATE : 07/31/2026

Key Details

Sold Price $360,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision City Of Montgomery

MLS Listing ID 7065550

Sold Date 07/31/26

Bedrooms 6

Year Built 1900

Annual Tax Amount $6,356

Tax Year 2026

Contingent None

Lot Size 7,143 Sqft

Lot Dimensions 134x53

Property Description

9.2% CAP Rate! Fully Occupied. Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers a
rare opportunity for both investors and owner-occupants alike. The building features five residential
units, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the property
boasts a spacious commercial unit, ideal for a business owner or additional income stream. A detached
garage adds further value and functionality for tenants or storage. Recent updates enhance both the
appeal and long-term value of the property, including fresh paint and new flooring throughout two of the
residential units, and a new water heater, making this a turnkey opportunity with key improvements
already completed. Whether you're looking to expand your portfolio or secure a property with multiple
income streams, this well-maintained building within driving distance to the twin cities offers
flexibility, updates, and solid investment potential.

Location

State MN

County Le Sueur

Zoning Business/Commercial,Residential-Multi-Family

Interior

Heating Baseboard, Forced Air

Cooling Window Unit(s)

Flooring Luxury Vinyl Plank, Wood

Fireplace No

Appliance Disposal, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned

Exterior

Parking Features Attached Garage, Paved Lot

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Age 8 Years or Less

Present Use Residential,Retail

Building

Foundation 2696

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Tri-City United

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Listed by Monica Morff • LPT Realty, LLC
Nichoel Sharp

Nichoel Sharp

Agent

+1(612) 205-8752

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