126 1st St S, Waterville, MN 56096

126 1st St S, Waterville, MN 56096

6 beds 5 baths 2,912 Sqft

Overview Neighborhood Amenities Price details

$425,000 $146/sf Earn $8,500

16 days on Market

$425,000

Credit Back up to $8,500*
$145.95/sf

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Description:

Active - House for sale

Well maintained turn of the century 5 plex with so much character. Only 4 blocks from the park with a picnic area and boat landing for Lake Tetonka. Updates to this lovely property include updated roofing, siding, separate electrical for each apt, most windows replaced, plumbing and water heater updates, and insulation updates. Rental licensing was just renewed in 2025 for 2 years and inspections were completed. Includes 5 stall detached garage for renting to tenants or owner storage. Completely rented with excellent rental occupancy records. The 5 plex is located in Waterville, a very progressive, resort community, located on the Tetonka, Sakatah lake chain. A large, deep lake chain with excellent fishing, resorts and Sakatah State Park. This small town has a busy Main Street with 2 convenience/gas stations, a bank, 2 large hardware stores, a lumber yard, grocery store, meat market, NAPA store, Mexican restaurant, bars, event center, and more. There are also many employment opportunities in Waterville and the surrounding towns. There is never a shortage of tenants wanting to settle in this centrally located community, only 15 mins from Waseca, 20 mins from Faribault, 30 mins from Mankato or St Peter, 45 mins to the Southern Metro Send a message to request more pictures, details, or a showing. Seller will consider a single family home, or fixer upper property in trade for down payment.

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Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Status: Active

Listed Date: 03/18/2025

Days On Market: 16

Structure:

Year Built: 1862

Tax:

Parcel Number: 24.510.1160

Score:

-waterville-for-sale-126 1st st s, waterville, mn 56096-17038398

Mortgage All cash

Monthly expenses $3,427

Property Tax $708

HOA Fee $0

Homeowners Insurance $113

Due at Close $410,125

List price $425,000

Closing costs $6,375

beycome Credit Est. $8.5K

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Antoni Paris, Jacksonville, Fl

Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

Barbara Bezerra, Miami, FL

The service that was provided by you and you're broker has been outstanding!
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Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...