Active
16578 Franklin Trail SE
Prior Lake MN, 55372
$750,000
$180.29 per sqft
Active
4,160 sqft
Condos
Built in 1978
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!
6622443
MLSⓇ ID
November 1, 2024
Listed
November 8, 2024
Updated
Map
16578 Franklin Trail SE
Prior Lake MN, 55372
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.42 Acres
Lot Features
Corner Lot
Roof
Age Over 8 Years, Asphalt
Sewer
City Sewer/Connected
School Information
School District
Prior Lake-Savage Area Schools
Other Property Details
Taxes
$6,928
Tax Frequency
Annually
Days on Market
3
Association Amenities
Coin-op Laundry Owned
Garage
Yes
Garage Spaces
5
Parking
Assigned, Detached, Asphalt, Shared Driveway, Garage Door Opener, No Int Access to Dwelling
View
No
County
Scott
Water Source
City Water/Connected
Pool
No
Courtesy of RE/MAX Advantage Plus
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Christal Spata shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 4:09 PM UTC, 11/8/2024