$279,000
$299,900
7.0%For more information regarding the value of a property, please contact us for a free consultation.
413 Lilac LN Madison Lake, MN 56063
2,256 SqFt
Key Details
Sold Price $279,000
Property Type Multi-Family
Sub Type Duplex Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $123
Subdivision Fasnacht Sub
MLS Listing ID 5681540
Sold Date 02/26/21
Year Built 2001
Annual Tax Amount $3,454
Tax Year 2020
Contingent None
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 45x169x125x125
Property Description
Check out this great property with investment options. Investors can rent both units for great cash flow, or owner-occupy to have your onsite rental pay your mortgage for you. YOU choose. The property has a current rental license and a solid occupancy rate. The lower unit, recently renovated, has 2 bed/1 bath, with private laundry. The upper unit features 2 bed/2 bath, a four season room, vaulted ceilings, and a private master bath with a HUGE walk-in closet. This unit is currently occupied. Each unit has an oversized attached garage stall. In addition, There is a detached garage stall for the owners tools or toys.
Location
State MN
County Blue Earth
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Fence None
Roof Type Asphalt
Building
Story Split Entry (Bi-Level)
Foundation 1232
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Steel Siding
New Construction false
Schools
School District Mankato
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP