16578 Franklin TRL SE Active Save Request In-Person Tour Request Virtual Tour
Prior Lake,MN 55372
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $180
Subdivision Bluff Hts
MLS Listing ID 6622443
Year Built 1978
Annual Tax Amount $6,928
Tax Year 2024
Lot Size 0.420 Acres
Property Description
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!
Location
State MN
County Scott
Zoning Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Forced Air
Exterior
Garage Assigned,Detached,Asphalt,Shared Driveway,Garage Door Opener,No Int Access to Dwelling
Garage Spaces 5.0
Fence Chain Link,Partial
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Corner Lot
Story One
Foundation 2080
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Fiber Cement
New Construction false
Schools
School District Prior Lake-Savage Area Schools