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Chad Pederson

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

$2,400,000

Est. payment - /mo

16 Beds

16 Baths

1.78 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mulvaney Point Twin Homes

MLS Listing ID 7037372

Bedrooms 16

Year Built 2020

Annual Tax Amount $30,528

Tax Year 2026

Contingent None

Lot Size 1.780 Acres

Lot Dimensions 211x302x391x339

Property Description

55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.

Location

State MN

County Sherburne

Zoning Residential-Single Family

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl Plank

Inclusions Building, Land, Rental License

Fireplace No

Appliance Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Exterior

Parking Features Attached Garage, Asphalt, Insulated Garage, Paved Lot

Garage Spaces 2.0

Pool None

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Age 8 Years or Less,Asphalt,Pitched

Present Use Residential

Building

Lot Description Tree Coverage - Medium

Story One

Foundation 1442

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Elk River

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Listed by Dustin Heggem • Acuity Group

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

Featured Communities in Minnesota

11024-11038 183rd CIR NW Elk River, MN 55330

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information