1. Minnesota
  2. Prior Lake
  3. 16558 Franklin Trail SE
$750,000/mo

16558 Franklin Trail SE, Prior Lake, MN 55372

  • 4,160 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Impeccably maintained 4-plex! Seller prefers to sell with twin building at 16578 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!

Listing Status:
Pending
Listing Office:
RE/MAX Advantage Plus : 952-226-7700
MLS ID:
6622444

This listing courtesy of RE/MAX Advantage Plus

Location

Schools Nearby

L

La Ola del Lago at Grainwood

5061 Minnesota St SE, Prior Lake, MN, 55372

Grades KG-5

0.40 miles away

T

Twin Oaks Middle School

15860 Fish Point Rd SE, Prior Lake, MN, 55372

Grades 6-8

1.05 miles away

P

Prior Lake-Savage Area Area Learning Center

15870 Fish Point Rd SE, Prior Lake, MN, 55372

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.