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Pending
$415,000
/mo   Edit
MLS# 5650860
Multi-family
Built 1968
2,756 fin sqft
Prior Lake-Savage Area Sch schools
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    Description:   Great Duplex w/XL 1-car Garage for each Unit is all “buttoned up” for winter w/NEW Roof & Gutters (11/2019) & Attic Re-Insulated (2015) – desirable income opportunity for investor or perfect for owner-occupied passive income! Home features 3 Bdrms w/Lg closets on one level for EACH Unit & wonderful open main living area w/built-in hutch/bookshelf. Sizeable shared Bkyd w/backs up to tree-lined wetlands for privacy. Each Unit also has sizeable concrete Patios & fire-pit areas for outdoor entertaining! Each Unit features Radiant Heat, Washer/Dryer Hook-ups & Kitchen w/granite c-tops, tiled backsplash & ceramic tiled flr. Right Unit also features vaulted 15x11 Sun Rm w/corner wood-burning stove & Lg windows o'rlooking Bkyd/woods! Nestled on quiet dead-end street w/walking trls & nearby park! *Non-Compliant Septic will be made Compliant by the Sellers prior to Closing. *Unit 6025 tenants have recently moved out & Sellers will be doing some interior painting to the unit.
    List Price: $415,000
    Price/sq ft: $151
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Side by Side
    Year Built: 1968
    City: Prior Lake
    County: Scott
    State: MN
    Zip Code: 55372

    Interior

    Fin Sq Ft / Living Area: 2,756 ft²
    Above Ground Living: 1,284 ft²
    Below Ground Living: 1,472 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Walkout, Full, Finished, Daylight/Lookout Windows, Block

    Exterior

    Heating System: Baseboard, Radiant, Boiler
    Foundation Size: 1,572 ft²
    Fencing: None
    Road Frontage: City Street, Paved Streets
    Handicap Accessible: None
    Exterior Material: Wood Siding
    Garage Spaces: 2
    Roof Details: Asphalt, Pitched, Age 8 Years or Less

    Lot

    Acres: 0.51
    Lot Description: Irregular Lot, Tree Coverage - Medium
    Latitude: 44.71572048
    Longitude: -93.39814249
    Lot Size Dim.: Irregular
    Dev/Complex Name: Country Court Subdivision
    Zoning: Residential-Single Family

    Schools

    School District: 719
    District Phone: 952-226-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,049
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Trash Collection, Snow Removal, Grounds Care, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,145
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,145

    Income

    Annual Gross Income: $27,468

    Rent

    Unit 1 Monthly Rent: $1,120
    Unit 2 Monthly Rent: $1,170

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: Private Sewer, Tank with Drainage Field
    Water System: Well, Private

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    Jason Roaldson
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    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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