215 S 5th Street, Montevideo, MN 56265 (MLS # 6702887)

Price $950,000
Status Active
Size 6,933 sqft
Lot Size 23,087 sqft
Welcome to a property with character and multi-dimensional opportunity. Like a diamond...beautiful from every side. A story to tell and value to appreciate! Approach this property from a variety of angles while savoring the story of one of the most historic homes in town. Built at the turn of the century, this home often served as a buzz of hospitality for political gatherings, hosting the likes of Hubert Humphrey and Eleanor Roosevelt. In the 30's, the 3rd story was added to rent rooms and mitigate effects of the depression. The rich woodwork and interior created the perfect ambience to host a wedding. The fireplace mantle still marks the spot where a candle burned a bit too long during the festivities. The house has transitioned from single family to multifamily under the tender care of a few owners over a century. Intentional and thorough screening of residents has ensured each apartment space is maintained well. One will notice great care was taken in transitioning some spaces to apartments by preserving original woodwork should anyone desire to take it back to single family living. Whichever way you approach it, this gem shines with authentic value. Multifamily cashflow? Have you dreamed of living in a historic home with rental income to help cover the costs? Perhaps you love the stories this historic home must tell. Envision additional income inviting others in as a historic bed and breakfast or short-term rental? The history and beauty offer natural curiosity to others. The nature-based playground and grand front porch allows adults and children to enjoy their own unique experience while the rental income provides fuel for the dream and owners living space. Interior photos and pro-forma available with signed NDA. Showings must be at least 24 hour notice.
Property Type(s): Commercial
Tract Frinks 1st Add Year Built 1904
Garage Spaces 2.0 County Chippewa

Additional Details

BASEMENT Full, Partially Finished, Walk-Out Access, Yes
CONSTRUCTION Brick
GARAGE Yes
HEAT Hot Water, Natural Gas
LOT 0.53 acre(s)
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 1X1
PARKING Detached, Concrete, Paved
SEWER Public Sewer
STORIES 3+
SUBDIVISION Frinks 1st Add
TAXES 7326
WATER Public
ZONING Residential-Single Family
Listed with Edina Realty
Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
DMCA Notice

This IDX solution is (c) Diverse Solutions 2025.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Scenic City Realty to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend