407 Northshore Drive, Forest Lake, MN 55025 - MLS #4112954

407 Northshore Drive, Forest Lake, MN 55025
407 Northshore Drive
Forest Lake, MN 55025
MLS #4112954
$169,900
3 Units
0 Acres
407 Northshore Drive, Forest Lake, MN 55025 Photo 1407 Northshore Drive, Forest Lake, MN 55025 Photo 2407 Northshore Drive, Forest Lake, MN 55025 Photo 3407 Northshore Drive, Forest Lake, MN 55025 Photo 4407 Northshore Drive, Forest Lake, MN 55025 Photo 5407 Northshore Drive, Forest Lake, MN 55025 Photo 6407 Northshore Drive, Forest Lake, MN 55025 Photo 7

Property Details

THREE UNIT BUILDING WITH GREAT FOREST LAKE LOCATION, GREAT RENT HISTORY AND POTENTIAL FOR OTHER USES (i.e. TOWNHOUSES, MULTI-FAMILY) . VERY CLOSE TO THE LAKE (200 FT).
  • Propery Type MF
  • Total Number of Units 3
  • Year Built 1953
  • Foreclosure Status No
  • Lender Owned No
  • Lot Description Corner Lot
  • Lot Dimensions 93x143
  • Status Active
  • Style (MF) Two Stories

Community & Schools

  • Municipality Forest Lake
  • County Washington
  • Postal City Forest Lake (MN)
  • School District 831 - Forest Lake
  • School District Phone 651-982-8100

Interior Features

  • Total Finished Square Footage 3100
  • Handicap Accessible None
  • Basement Walkout,Full,Finished (Livable)
  • Above Ground Finished SqFt 1900
  • Below Ground Finished SqFt 1200
  • Unit 1 Bath Full 1
  • Unit 1 Total Baths 1
  • Unit 1 Bedrooms 2
  • Unit 1 Total Expenses 1
  • Unit 1 Fireplace Location/Charac Living Room,Wood Burning
  • Unit 1 Num Fireplaces 1
  • Unit 1 Number of Units 1
  • Unit 1 Total Rooms 5
  • Unit 1 Finished Square Footage 1200
  • Unit 2 Full Bath 1
  • Unit 2 Total Baths 1
  • Unit 2 Number of Bedrooms 2
  • Unit 2 Number of Units 1
  • Unit 2 Total Rooms 5
  • Unit 2 Finished Square Footage 1000
  • Unit 3 Full Baths 1
  • Unit 3 Total Baths 1
  • Unit 3 Bedrooms 2
  • Unit 3 Number of Units 1
  • Unit 3 Total Rooms 5
  • Unit 3 Finished Square Footage 900

Exterior Features

  • Exterior Wood
  • Fencing Partial
  • Road Frontage City
  • Parking Characteristics Detached Garage,Driveway - Asphalt,Driveway - Shared
  • Lake/Waterfront - Y:N 1
  • Waterfront Name Forest Lake
  • Lake/Waterfront Lake View
  • Garage Stalls 2
  • Roof Asphalt Shingles

Appliances & Utilites

  • Water City Water/Connected
  • Fuel Natural Gas
  • Heating Forced Air,Hot Water
  • Unit 1 Appliances Range,Refrigerator
  • Unit 1 Air None
  • Unit 2 Appliances Range,Refrigerator
  • Unit 3 Appliances Range,Refrigerator
  • Number of Ranges Three
  • Number of Refrigerators Three
  • Sewer City Sewer/Connected

Financial Details

  • Annual rent 9600
  • Annual Gross Income 2580
  • Annual Fuel Expense 3000
  • Annual Insurance Expense 1200
  • Annual Maintenance Expense 500
  • Annual Repair Expense 1000
  • Annual Trash Expense 750
  • Annual Water/Sewer Expense 2000
  • Unit 1 Monthly Rent 800
  • Unit 2 Annual Rent 7800
  • Unit 2 Total Expenses 1
  • Unit 2 Monthly Rent 650
  • Unit 3 Annual Rent 7800
  • Unit 3 Total Expenses 1
  • Unit 3 Monthly Rent 650
  • Tax Amount 2003
  • Tax With Assessments 2006
  • Tax Year 2010
  • Tenant Expenses Electric

Miscellaneous Details

  • Amenities - Shared Coin-op Laundry Owned
  • Construction Status Previously Owned
  • Foundation Size 1200
  • Has Supplements 1
  • Homestead No
  • Potential Short Sale No
  • Zoning Residential-Multi-Family

Map & Directions

I35 to Forest Lake exit (Broadway) East to Hwy 61(lake St.) North to North Shore Drive
Map for 407 Northshore Drive, Forest Lake, MN 5502545.283352-92.982585
Map locations are not exact and are meant to be an estimated reference only.
Listing information for 407 Northshore Drive, Forest Lake, MN 55025 was graciously provided by our friends at the listing brokerage, Re/Max Synergy

In addition to this Multi-Family real estate property, we have hundreds of addtional Forest Lake real estate listings and homes for sale and Washington County real estate listings and homes for sale.

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