1009 1st St Se, Forest Lake, 55025

Commercial - Apartments/Multi Family For Sale in Beards Add

$995,000

Beds
Baths
6,240Sqft
.6Acres
16Garages
2000Built
20DOM
MLS® #: 5257789
Active, 20 Days on Market

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.

Essential Information

MLS® #: 5257789
Price: $995,000
Square Footage: 6,240
Acres: 0.60
Year Built: 2000
Type: Commercial
Sub-Type: Apartments/Multi Family
Style: Apartments/Multi Family
Status: Active

Community Information

Address: 1009 1st St Se
Subdivision: Beards Add
City: Forest Lake
County: Washington
State: MN
Zip Code: 55025

Amenities

Amenities: Patio, Washer/Dryer Hookup
# of Garages: 16
Garages: Attached Garage, Driveway - Asphalt, Garage Door Opener

Interior

Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Heating: Forced Air
Cooling: Window

Exterior

Exterior: Metal, Vinyl
Lot Description: Tree Coverage - Light
Roof: Asphalt Shingles, Pitched
Foundation: 9192

School Information

District: 831 - Forest Lake

Additional Information

Date Listed: July 3rd, 2019
Days on Market: 20
Zoning: Residential-Multi-Family
Current Use: Residential

Listing Details

Listing Office: Realty Executives Top Results

Financials

$/SqFt: $159

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on July 22nd, 2019 at 11:35pm CDT.