$750,000
For Sale

16578 Franklin Trail SE

Prior Lake, MN 55372
Listing OfficeRE/MAX Advantage Plus
Browse 18 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Impeccably maintained 4-plex! Seller prefers to sell with twin building at 16558 Franklin Trail, offering a unique opportunity to acquire two well-kept investment properties as a package. Each building has three 3-bedroom units, one 2-bedroom unit, and a paved parking lot with five garage stalls, assigned spaces, and guest parking. Recent updates include half the units with updated kitchens and baths, fresh exterior paint, stained decks, and sealed/numbered driveways. Added perks: coin-op laundry, two decks, two patios, and a 2012 roof replacement. Long-term tenants and below-market rents (see supplement) present strong upside potential. Don’t miss this chance for a high-quality, low-maintenance investment!

  • Interior Details
      • HeatingForced Air
  • Property Details
      • Lot FeaturesCorner Lot
      • Lot DescriptionCorner Lot
    • Measurements
      • Square Feet4160
    • Parking
      • Parking FeaturesAssigned, Detached, Asphalt, Shared Driveway, Garage Door Opener, No Int Access to Dwelling
      • Parking TypeDriveway
      • Parking Spaces5
  • Construction Details
      • Basement DescriptionDaylight/Lookout Windows, Drain Tiled, Sump Pump
      • Property TypeMulti-Family
      • Basement1
    • Condition
      • Year Built1978
    • Material information
      • RoofAge Over 8 Years, Asphalt
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionBluff Hts
    • Location
      • School DistrictPrior Lake-Savage Area Schools
      • CountyScott
  • Financial Details
      • Taxes Annual$6,928
      • Days on Market (Cumulative)21
  • Other
      • MLS #6622443

Location

Deb RungeReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00