$339,900
For Sale

407 1st Avenue NW

Forest Lake, MN 55025
Listing OfficeElite Realty Minnesota
Browse 25 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

This is a great opportunity for someone looking to be a rental business owner! The up/down duplex is located off Main St and is within walking distance of Forest Lake, Restaurants & Shopping. $60k in updates and renovations have been put into the property Since 2020 INCLUDING New Roof & Siding! This rental is ready for its next investor with excellent renters in both units.

  • Property Details
      • Basement DescriptionCrawl Space, Shared Access, Stone/Rock, Sump Pump
      • Parking FeaturesAttached Garage, Concrete
      • Lot FeaturesTree Coverage - Medium
      • Lot DescriptionTree Coverage - Medium
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • Property SubtypeDuplex Up and Down
      • RoofAsphalt, Pitched
      • SubdivisionHoules Jw Add
      • Parcel Number0803221210045
      • Property TypeMulti-Family
      • School DistrictForest Lake
      • HeatingForced Air
      • CountyWashington
      • MLS #6608265
      • MLS #6608265
      • Parking TypeGarage
      • Taxes Annual$2,856
      • Cost339900
      • Square Feet2300
      • Year Built1890
      • Days on Market (Cumulative)64
      • Parking Spaces2
      • Basement1

Location

Sean O'Brien | CB RealtyReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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