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.

©2024 Northstar MLS. All rights reserved. 

Data last updated 4:09 PM UTC, 11/8/2024

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