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Active NEW!
$355,000
/mo Edit
Multi-family:  Four Plex
Built 1860
3,121 sqft • 0.18 acres
Central schools
MLS# 6757046
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    Property Description

    Great multifamily investment opportunity, fully rented! Well maintained 4Plex On a large corner lot in downtown Norwood Young America. Two units on the main floor. New furnace & AC on 2022, updated electrical system on 2021. 2025 New water heater. Easy access to highways & schools. 2 parking space for each unit. Plenty of on & off-street parking. 24 hrs. notice for showings.

    Listing

    Contingency: None
    Price per sq ft: $114
    City: Norwood Young America
    County: Carver
    State: MN
    Property Style: Four Plex
    Zip Code: 55397

    Interior

    Living Area: 3,121 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,585 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • More Parking Onsite for Fee
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.18
    Geolocation: 44.7835149716, -93.9132611672
    Lot Dimensions: 71 X 114
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Some Trees

    Schools

    School District: 108
    District Phone: 952-467-7000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $4,200
    Annual Insurance Expense: $6,394
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $3,000
    Annual Water/Sewer Expense: $1,500
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,788
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.