411 Water St

Minnesota Lake, MN 56068 View Map $525,000 Ask a Question
411 Water St Minnesota Lake, MN 56068 | MLS 7033584 Photo 1
411 Water St Minnesota Lake, MN 56068 | MLS 7033584 Map
Status: Sold
Property Type:Multi-Family
MLS #:7033584
Sq. Feet:10,762
Date Sold:11/17/2023
Lot Size:0.69 Acres
County:Faribault County
Twelve unit rental property in Minnesota Lake with great income potential. Eleven 2 bedrooms units and one 1 bedroom unit with great rental history. New siding, exterior doors, windows, and roof completed in 2019. Coin operated onsite laundry provides additional income. Property is currently professionally managed, so take advantage of the opportunity to increase your return with private management. Schedule a showing today!

Detailed Maps

Community Information

Address:411 Water St, Minnesota Lake, MN 56068
County:Faribault County
City:Minnesota Lake
Schools:Maple River #2135
Zip Code:56068


Bedrooms: 7
Bathrooms: 4
Stories:2 Story
Style:Apartment Building (L)
Construction Type: Frame/Wood
Construction Status: Previously Owned
SqFt Above Grade: 10762
FinSqFt: 10762
Basement Material: Concrete Block
Basement Style: Slab

Features / Amenities

Appliances 1: Exhaust Fan/Hood, Range/Stove, Refrigerator
Appliances 2: Exhaust Fan/Hood, Range/Stove, Refrigerator
Appliances 3: Exhaust Fan/Hood, Range/Stove, Refrigerator
Appliances 4: Exhaust Fan/Hood, Range/Stove, Refrigerator
Exterior Features: Vinyl
Cooling 1: Wall
Cooling 2: Wall
Cooling 3: Wall
Cooling 4: Wall
Heat: Baseboard
Fuel: Electric

Property Features

Lot Size: 0.69 Acres
Lot Dimensions:100' x 300'
Total Lots: 23
Water: City
Sewer: City

Tax and Financial Info

Financing Type: cash, conventional
Taxes With Assessments: 4944
Owner Expense: Trash, Water/Sewer
Tenant Expense: Electric, Fuel
Facilitator: 2



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Listing Information Last Updated 6/24/2024
Listing provided courtesy of True Real Estate.
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