16578 Franklin Trail SE
Prior Lake, MN 55372
4160 sqft | #6622443
Description
Impeccably maintained 4-plex! Seller prefers to sell with twin building at 16558 Franklin Trail, offering a unique opportunity to acquire two well-kept investment properties as a package. Each building has three 3-bedroom units, one 2-bedroom unit, and a paved parking lot with five garage stalls, assigned spaces, and guest parking. Recent updates include half the units with updated kitchens and baths, fresh exterior paint, stained decks, and sealed/numbered driveways. Added perks: coin-op laundry, two decks, two patios, and a 2012 roof replacement. Long-term tenants and below-market rents (see supplement) present strong upside potential. Don’t miss this chance for a high-quality, low-maintenance investment!
Property Details
- Parking FeaturesAssigned, Detached, Asphalt, Shared Driveway, Garage Door Opener, No Int Access to Dwelling
- Basement DescriptionDaylight/Lookout Windows, Drain Tiled, Sump Pump
- School DistrictPrior Lake-Savage Area Schools
- RoofAge Over 8 Years, Asphalt
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Property TypeMulti-Family
- HeatingForced Air
- Lot FeaturesCorner Lot
- Lot DescriptionCorner Lot
- SubdivisionBluff Hts
- Property SubtypeApartment
- Parcel Number251670010
- Parking TypeDriveway
- MLS #6622443
- MLS #6622443
- Taxes Annual$6,928
- Cost750000
- CountyScott
- Square Feet4160
- Year Built1978
- Days on Market (Cumulative)70
- Parking Spaces5
- Basement1
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Mark Gores (#NST505006408)
Listing Office: RE/MAX Advantage Plus (#NST3726)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
