1009 1st St SE
Forest Lake, MN 55025

Description

Fully rented 8-plex with 8 one-level units. Each is 2BR/1BA with 2-car garages. High-demand one-level slab side x side units within walking distance of downtown and lakes, parks, shopping etc. Great investment opportunity in growing Forest Lake . Easy access to Mpls or St.Paul. triplex next door is also for sale for $599,000 for a total of 11 possible 1-level units all in one easy to manage location. Not many of these high demand style units available for rental investors. 24-48 hour notice minimum for all showings.

Details

MLS#5257789
Sub-TypeResale
StatusActive
Year2000
Days On Site18

Features

SQ Feet6,240
Story(s)1
Units8
ZoningResidential-Multi-Family

Market Activity 55025

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Area Information

StateMN
CountyWashington
CityForest Lake
Zip Code55025
AreaForest Lake (MN)
Listing VS Median (in 55025)
Price:
$995,000
low | high
Med:
$369,450
100% of Average
SqFt:
6,240
low | high
Med:
1,134
100% of Average
$ / SqFt:
$159
low | high
Med:
$82
98.836019533042% of Average
On Site:
18
low | high
Med:
83.500000
21.556886227545% of Average
Listing Updated: 07/21/2019
MLS Number: 5257789
Listing Provided By:
Robert Boyce  of  Realty Executives Top Results
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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