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Active NEW!
$795,000
/mo Edit
Multi-family:  Fourplex
12 br • 4 ba • Built 1985
8,166 sqft • 0.187 acres
MLS# 7039962
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    Property Description

    Solid investment opportunity in a class A suburb. A perfect opportunity for a live-in owner. Roof new in 04/2025 New Garage aprons in 2019 New kitchen cabinets since original build (Except one unit) New windows in many units New composite deck railings in front of building New electrical panel for building HOA Dues $600. Covers all 4 units. Covers Insurance, snow removal, lawn care, trash removal. It does not cover most maintenance. All tenants are screened first by the HOA. Please look at all documents. https://wescotthills.com/ https://www.wescotthills.com/rental-policy-documents/ https://www.wescotthills.com/association-documents/ AS-IS addendum required. Proof of funds needed before showing.

    Listing

    Contingency: None
    Price per sq ft: $97
    City: Eagan
    County: Dakota
    State: MN
    Property Style: Fourplex
    Zip Code: 55123
    Subdivision Name: Wescott Hills Rev 2nd Add

    Interior

    Living Area: 8,166 ft2
    Refrigerators: Four
    Basement Details: Block

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 4
    Garage Dimensions: 33 x 13
    Garage Size: 445 ft2
    Garage Door Height: 7
    Garage Door Width: 8
    Foundation Size: 2,176 ft2
    Foundation Dimensions: 36 x 60
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Parking Lot
    • Paved Lot
    • Tandem Garage
    Shared Amenities:
    • Coin-op Laundry Owned
    • Laundry
    Road Frontage: City Street
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Unit

    Lot & Land

    Acres: 0.187
    Geolocation: 44.832338, -93.132935
    Lot Dimensions: Tbd
    Zoning: Residential-Multi-Family

    Schools

    School District: 946
    District Phone: 6514237700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $655
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,620
    Annual Maintenance Expense: $7,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,486
    Tenant Expenses: Cable TV, Electricity, Gas, Heat, Hot Water, Telephone

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,522
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,522

    Income

    Annual Gross Income: $71,400
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $13,700

    Units

    Total Units: 4

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Dakota Electric Association

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Referral Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.