For Sale: Prior Lake MLS# 6628072
Active
$515,000
Multi-family: Duplex Up and Down
Built 1998
3,122 sqft • 0.54 acres
Prior Lake-Savage Area Sch schools
MLS# 6628072
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Property Description
Exceptional investment opportunity or perfect for multi-generational living in Prior Lake! This versatile up-and-down duplex offers 3 bedrooms in each unit, creating ample space and privacy. The upper unit features 1.5 baths, a private laundry, and a charming four-season porch. The lower unit is accessible for wheelchairs or walkers and includes a cozy gas fireplace and an oversized laundry/utility room. With a shared garage and extra outdoor parking, it's ideal for multiple residents, whether tenants or other occupants. Conveniently located within walking distance to schools and downtown Prior Lake, this property combines comfort with potential for steady rental income and adaptable living arrangements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$515,000
Price per sq ft:
$165
Property Type:
Multi-family
City:
Prior Lake
Garage Spaces:
2
County:
Scott
Year Built:
1998
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55372
Interior
Finished Area:
3,122 ft2
Living Area:
3,122 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Drain Tiled
- Finished
- Sump Pump
- Walkout
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Dimensions:
22x26
Garage Size:
577 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
1,462 ft2
Foundation Dimensions:
56x26
Fencing:
None
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Fireplace(s)
Parking Features:
- Attached Garage
- Concrete
- Driveway - Other Surface
- Garage Door Opener
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.54
Geolocation:
44.717769, -93.414225
Lot Dimensions:
122 x 190 x 74 x 38 x 167
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
719
District Phone:
952-226-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,500
Annual Maintenance Expense:
$500
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,230
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,230
Income
Annual Gross Income:
$39,900
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
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.
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!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.