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$799,900
/mo Edit
Multi-family:  Four Plex
Built 1987
3,168 sqft • 0.39 acres
Shakopee schools
MLS# 6569783
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    Property Description

    Wonderful 4 plex in great Shakopee location on cul-de-sac with four 2 car garages and four 2 bedroom 1 bath units. Excellent rental history, one owner property, that has been kept in good repair. 3 of the 4 leases are month to month. Very nice property to live in one unit and rent out the rest of the building to start up your investment property file!! Come see!!

    Listing

    Contingency: None
    Price per sq ft: $252
    City: Shakopee
    County: Scott
    State: MN
    Property Style: Four Plex
    Zip Code: 55379
    Subdivision Name: Eagle Creek Junction 1st Add

    Interior

    Living Area: 3,168 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 8
    Garage Dimensions: 20 x 80
    Garage Size: 1,600 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,584 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Fireplace(s)
    Parking Features:
    • Asphalt
    • Detached
    Road Frontage:
    • City Street
    • Cul De Sac
    • Paved Streets
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.39
    Geolocation: 44.790495, -93.502372
    Lot Dimensions: 110 x 150
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 720
    District Phone: 952-496-5006

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $540
    Annual Fuel Expense: $520
    Annual Insurance Expense: $4,277
    Annual Maintenance Expense: $1,080
    Annual Gross Expense: None
    Annual Trash Expense: $1,176
    Annual Water/Sewer Expense: $480
    Tenant Expenses: All Utilities, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,884
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,884

    Income

    Annual Gross Income: $44,430

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Kubes Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.