235 Echo Circle SE, Hutchinson, MN 55350

Overview

Description

Welcome to an impeccably renovated property that epitomizes quality and care. With 12 units already beautifully updated in the past six months and the final six beginning renovations on June 1st, this property offers extensive modern enhancements. Enjoy peace of mind with newly run electrical lines to the garages, fresh garage doors and openers, new siding, and a sturdy new roof. Each deck has been meticulously redone, featuring new railings and waterproof flooring. Inside, you'll find freshly renovated units boasting new flooring, cabinets, and countertops. Kitchens have been opened up for a modern feel, eliminating outdated drop ceilings. Additional upgrades include new trim, doors, vanities, mirrors, and resurfaced bathtubs with new hardware. Enhanced lighting and electrical outlets complement the mostly new air conditioners, ensuring comfort and efficiency. Five units also feature charming electric fireplaces. This property promises a refined living experience with outstanding atte ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4500
Garage Stalls: 18
For Sale or Lease: For Sale
Acres: 8.07
Lot Dimensions: 32x29x232x297x229

Property Features

Accessible: None Air Conditioning: Wall Unit(s) CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Financing Terms: Conventional Flooring: Carpet; Luxury Vinyl Tile Fuel: Electric Heating: Baseboard Location Description: Free Standing On Site Utilities: Electric Separate Owner Pays: Common Area Maintenance; Grounds Care; Insurance; Lawn; Lawn; Sewer; Trash Collection; Water Pool Description: None Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Off Market Date: 2025-11-15
Closed Date: 2025-12-03
Sales Close Price: 2450000
Contingency: None
ListPrice: 2550000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 235
Street Name: Echo
Street Suffix: Circle
Street Direction Suffix: SE
Postal City: Hutchinson
County: McLeod
State: MN
Zip Code: 55350
Complex/Dev/Subdivision: Cedar Acres Sub

Assessments

Tax With Assessments: 23350
Assessment Balance: 0

Building Information

Building Finished SqFt: 9000

More Information

Income and Expenses

Annual Gross Income: 268872

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 1

No. of 1 Bedroom Units: Yes

Unit 2

No. of 2 Bedroom Units: 17

Unit Details

Total Units: 18

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: CEDAR ACRES SUB LOT-004 BLOCK-002
Listing City: Hutchinson
Map Page: 999
Municipality: Hutchinson
School District: Hutchinson
School District Phone: 320-587-2860
Zip Plus 4: 7510
Property ID Number: 232140050
Tax Year: 2024
Tax Amount: 23350
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to an impeccably renovated property that epitomizes quality and care. With 12 units already beautifully updated in the past six months and the final six beginning renovations on June 1st, this property offers extensive modern enhancements. Enjoy peace of mind with newly run electrical lines to the garages, fresh garage doors and openers, new siding, and a sturdy new roof. Each deck has been meticulously redone, featuring new railings and waterproof flooring. Inside, you'll find freshly renovated units boasting new flooring, cabinets, and countertops. Kitchens have been opened up for a modern feel, eliminating outdated drop ceilings. Additional upgrades include new trim, doors, vanities, mirrors, and resurfaced bathtubs with new hardware. Enhanced lighting and electrical outlets complement the mostly new air conditioners, ensuring comfort and efficiency. Five units also feature charming electric fireplaces. This property promises a refined living experience with outstanding attention to detail and exceptional upgrades throughout.
Directions: North on 15, East on Freemont, North on Echo Dr, and East on Echo Circle.

Accessible

None: Yes

Air Conditioning

Wall Unit(s): Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Financing Terms

Conventional: Yes

Flooring

Carpet: Yes
Luxury Vinyl Tile: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Owner Pays

Common Area Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Lawn: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Covered: Yes
Deck: Yes

Pool Description

None: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Electricity: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Location Description

Free Standing: Yes