16578 Franklin Trail SE
Prior Lake, MN 55372
4160 sqft | #6622443
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
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Mark Gores (#NST505006408)
Listing Office: RE/MAX Advantage Plus (#NST3726)
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.