$570,000
$560,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4,812 SqFt
SOLD DATE : 05/01/2024
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $118
Subdivision Lakeview Park
MLS Listing ID 6498060
Sold Date 05/01/24
Year Built 1996
Annual Tax Amount $5,793
Tax Year 2024
Contingent None
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 120x90x120x88
Property Description
Amazing Investor Opportunity in Alexandria! This upscale turn key 4 plex has been meticulously maintained and well cared for throughout the 1 owner history.
Spacious 3 bedroom 2 bath apartments have been thoughtfully designed for optimal functionality and comfort. The thoughtful layout includes upgraded sliding glass doors leading to decks or patios, individual laundry hookups, Oak doors and woodwork throughout. The kitchens boasts solid oak cabinets with convenient eat in center islands, perfect for modern living. Tenants pay their own utilities, central air, natural gas furnace and water heaters, water & sewer with separate meters per each unit. Landlord pays for snow, lawn and trash, less than $50.00 per month for electric, natural gas, water & sewer. 2 new furnaces, 3 new water heaters in 2023. Parking lot paved in 2020, 35 year shingles in 2013. All 4 units have assigned parking in front of building. Units 3 & 4 currently occupy 1 garage stall each that adds tremendous value!
Location
State MN
County Douglas
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Detached, Asphalt, Paved
Garage Spaces 2.0
Fence None
Roof Type Age Over 8 Years,Asphalt,Pitched
Building
Lot Description Corner Lot, Tree Coverage - Light
Story Two
Foundation 2406
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Alexandria
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