36206 660th Street, Lake City, MN 55041 (MLS# 7003667)


$619,900
36206 660th Street
Lake City, MN 55041
MLS# 7003667
9 beds  |  5 baths


36206 660th Street, Lake City, MN 55041
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Property Description
Start 2026 with an Exceptional Investment Opportunity! This versatile 13-acre income-producing property features four residential rental units along with 37+ storage units, offering an excellent rental history and strong, consistent income potential. This property is ideal for investors seeking both stability and growth. Residential unit 1 & 2: Up/down duplex with separate entrances. Main floor unit is 2 bed, 1 bath and has approximately 1028 SQFT of living space. Laundry in unit. Upper level unit has 1 bed, 1 bath, laundry hookups and is approximately 480 SQFT of living space. Residential unit 3: 3 bed, 1 bath mobile home that offers approximately 980 SQFT of living space. Laundry in-unit. Residential unit 4: 3 bed, 2 bath mobile home that offers 1216 SQFT of living space. Laundry in-unit. Private driveway access. STORAGE East building (old hog barn): consist of 18 10x20 cold storage units. Separate driveway access from residential units. Red barn: 10 cold storage units. Separate driveway access from residential properties. Pole shed: 50x80, concrete floor, electricity, and water available. Used for boat/car storage and also offers separate shop space that is currently rented. Additional miscellaneous storage units are located throughout the property. See supplements for info.

Details
Maps
Contract Information
Exclusions: Tenant's personal property not included in sale.
Status: Active
Current Price: 619900
Contingency: Inspection
ListPrice: 619900
List Date: 2026-01-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 9
Baths Total: 5
Foundation Size: 1028
Garage Stalls: 4
For Sale or Lease: For Sale
Acres: 13.07
Lot Dimensions: 876x646x876x646
Assessment Pending: No
Location Tax and Other Information
House Number: 36206
Street Name: 660th
Street Suffix: Street
Postal City: Lake City
County: Wabasha
State: MN
Zip Code: 55041
Assessments
Tax With Assessments: 6460
Building Information
Building Finished SqFt: 1268
Building SqFt: 1268
Income and Expenses
Annual Gross Income: 66000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 13
Section#: 8
Township#: 110
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 1
Monthly Rent: 750
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Level: Main Level
Unit Total SqFt: 1028
Leased?: Yes
Lease Expiration Date: 2027-01-01
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 1
Full Baths: 1
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 650
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 2
Unit Total SqFt: 480
Unit 3
No. of 3 Bedroom Units: 2
Full Baths: 1
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Main Level
Monthly Rent: 750
Total Bathrooms: 1
Total Bedrooms: 3
Unit Number: 3
Unit Total SqFt: 980
Unit 4
Full Baths: 2
Lease Expiration Date: 2027-01-01
Leased?: Yes
Monthly Rent: 760
Total Bathrooms: 2
Total Bedrooms: 3
Unit Number: 4
Unit Total SqFt: 1216
Unit Details
Total Units: 41
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Amenities Unit: Washer/Dryer Hookup
Appliances: Dryer; Range; Refrigerator; Washer
Assumable Loan: Not Assumable
Basement: Unfinished
CMU Style: Duplex Up and Down; Mixed Use; Other; Storage Unit
Construction Materials: Frame; Stone
Construction Status: Previously Owned
Current Use: Residential; Storage Facility
Exterior: Vinyl
Fencing: Privacy; Other
Foundation: Stone
Fuel: Propane
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Other/See Remarks
Lot Description: Suitable for Horses; Tree Coverage - Medium
Miscellaneous Information: Kitchen Facilities; Out Buildings
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Grounds Care; Insurance; Maintenance/Repair; Taxes
Potential Use: Diversified; Manufactured Home; Other
Rent Rate per Foot: Per Month
Road Frontage: Township
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: Private Sewer
Stories: Two
Tenant Pays: All Utilities; Electricity; Gas; Heat
Topography: Gently Rolling
Wall Description: Insulated
Water: Private; Well

Listing Office: Lakeshore Real Estate Krage &

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 31st of May 2026 02:16 PM

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