5482 Egan DR, Savage, MN 55378 - MLS#6825826 - Chad Pederson

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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$250,000

Est. payment - /mo

3 Beds

2 Baths

1,398 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse Side x Side

Listing Status Active

Purchase Type For Sale

Square Footage 1,398 sqft

Price per Sqft $178

Subdivision Wildwood Estates 1St Add

MLS Listing ID 6825826

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Fees $351/mo

Year Built 1984

Annual Tax Amount $2,308

Tax Year 2025

Contingent None

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions Common

Property Sub-Type Townhouse Side x Side

Property Description

Investor opportunity. This well-maintained split-level townhome is tenant-occupied through 2027, providing immediate rental income with no vacancy period. The existing lease includes built-in annual rent increases, offering predictable year-over-year income growth, and the property is occupied by a great, long-term tenant. The upcoming $10,000 HOA assessment will be paid by the seller, with planned HOA improvements scheduled for 2026 and 2027 and no increase to HOA dues for the new owner. Additional equity remains for the next investor and upcoming updates will increase the home and community value. The large, open kitchen features loads of storage, well-maintained appliances including a dishwasher, vented range hood, and a double-pane sliding glass door leading to the back deck. Two bedrooms and an updated full bath with double vanity are located on the upper level. The lower level includes a family room, third bedroom, second bathroom, laundry room, and direct access to the attached two-car garage. Additional features include updated lighting, LVP flooring in bedrooms, tile entries, NEW double-pane windows, insulated garage door, central AC, and a newer water heater (2021). Located near parks, trails, shopping, restaurants, and major highways, this property offers strong long-term rental appeal with stable, in-place tenancy.

Location

State MN

County Scott

Zoning Residential-Single Family

Rooms

Basement Daylight/Lookout Windows, Egress Window(s), Finished, Full

Dining Room Informal Dining Room, Kitchen/Dining Room, Living/Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer

Laundry Lower Level

Exterior

Parking Features Attached Garage, Insulated Garage, Tuckunder Garage

Garage Spaces 2.0

Roof Type Age 8 Years or Less,Asphalt

Building

Story Split Entry (Bi-Level)

Foundation 914

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Block

New Construction false

Schools

School District Burnsville-Eagan-Savage

Others

HOA Fee Include Building Exterior,Hazard Insurance,Lawn Care,Maintenance Grounds,Professional Mgmt,Sanitation,Shared Amenities,Snow Removal

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Listed by Keith Taylor • ERA Prospera Real Estate

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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5482 Egan DR Savage, MN 55378

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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