$970,000
$995,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1009 1st ST SE Forest Lake, MN 55025
0.6 Acres Lot
Key Details
Sold Price $970,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Beards Add
MLS Listing ID 5257789
Sold Date 08/01/19
Year Built 2000
Annual Tax Amount $10,780
Tax Year 2019
Contingent None
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 200x130
Property Sub-Type Apartment
Property Description
Fully rented 8-plex with 8 one-level units. Each is 2BR/1BA with 2-car garages. High-demand one-level slab side x side units within walking distance of downtown and lakes, parks, shopping etc. Great investment opportunity in growing Forest Lake . Easy access to Mpls or St.Paul. triplex next door is also for sale for $599,000 for a total of 11 possible 1-level units all in one easy to manage location. Not many of these high demand style units available for rental investors. 24-48 hour notice minimum for all showings.
Location
State MN
County Washington
Zoning Residential-Multi-Family
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage, Asphalt, Garage Door Opener
Garage Spaces 16.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt, Pitched
Present Use Residential
Building
Lot Description Tree Coverage - Light
Foundation 9192
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Metal Siding, Vinyl Siding
Schools
School District Forest Lake
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