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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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120 E 13th St , Blue Earth, MN 56013
$1,225,000
Est. Payment: $6,124.18/mo
0 Bed
0 Bath
15000 Sqft
Status: pending | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Village Green Apartments is a superior chance to acquire a value-add opportunity in southern Minnesota close to the Iowa border. The unit mix offers fourteen two-bedroom and ten one-bedroom all with one bathroom. The property consists of three 8-plexes and is situated on a 0.97-acre corner lot right across the street from Putnam Park with tennis courts and community swimming pool. Includes on-site coin laundry facilities in each building, newer water heaters, and plenty of off-street parking! This one has huge potential by organically raising rents to market while improving the operating expenses to quickly increase its value! Built in 1979-1980, this very well-maintained building features a mix of one and two-bedroom units all with one bathroom, providing a variety of options for potential renters. Additionally, the property includes a spacious parking lot with 34 separate parking spaces, ensuring that tenants have ample space to park their vehicles. The exterior of the property is well-maintained and features a classic brick façade with vinyl siding, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major highways and the downtown area, making it easy for tenants to enjoy all that Blue Earth has to offer. Investors looking for a value-add opportunity with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is super clean and well maintained and also in a non-rent controlled city of Minnesota!

Highlights

Listed by Nathan P. Opatz , 651-263-3653 Apartment Cash Flow, Inc. , 651-263-3653. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.96

Year Built

1979

County

Faribault

Neighborhood

Sunnyside Add

School District

Blue Earth Area Schools

Listing ID

7096552

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Range, Refrigerator
Air Cond:Wall Unit(s)
Fireplaces:
Other:City Water/Connected

Exterior Features

Lot:Corner Lot,Irregular Lot,Tree Coverage - Light
Lot Dimensions:Irregular
Zoning:Residential-Multi-Family
Roof:Age 8 Years or Less,Asphalt,Pitched
Sewer:City Sewer/Connected
Parking Features:Paved Lot
Principal Interest
$6,124
Taxes
$1,643

Home Price

$1,225,000

Loan Details

30 yrs
6.391%

Down Payment

20%
$245,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,124.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,124.18 $1,642.83 $0.00 $7,767.02
Yearly $73,490.21 $19,714.00 $0.00 $93,204.21
Total $2,204,706.25 $591,420.00 $0.00 $2,796,126.25
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Blue Earth, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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 Hatch Brokered by Real | Real Brokerage LLC | PLACE are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
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Data last updated: 2026-07-23T00:16:07.000Z

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