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201 W 2nd ST Waconia, MN 55387
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Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,423 sqft
Price per Sqft $134
Subdivision City Lts Of Waconia
MLS Listing ID 6147674
Sold Date 03/11/22
Year Built 1954
Annual Tax Amount $3,828
Tax Year 2021
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 55 x 152
Property Description
Incredible investor opportunity in downtown Waconia! This beautiful, well-maintained property has not been available for 50 years! Major remodel took place around 1978- all plaster came down and replaced with sheetrock. Effective year built is 1978. Owners lived in the largest 3 BD/2BA unit which is not reflected on the rental income. Each unit has a modern feel and includes a stove, microwave, refrigerator and private washer/dryer units! 2 stall garage plus 7 other designated parking spots with electric plug ins for winter. Large patio in back for residents to share and grill out. Tenants pay for their own electric and landlord pays for water, garbage and heat which is a boiler. There is an option to easily change up the floor plan if desired. The large unit could be converted to a 2 bd/2 ba and the garden level unit could become a 2 bd. Located across street from library,1-2 blocks from restaurants and shopping and 3 blocks to Lake Waconia. HIGH rental demand in this area!!
Location
State MN
County Carver
Zoning Residential-Single Family
Rooms
Basement Daylight/Lookout Windows, Egress Window(s), Finished, Full, Shared Access, Single Tenant Access, Storage Space, Sump Pump
Interior
Heating Boiler, Hot Water
Fireplace No
Exterior
Parking Features Detached, Shared Driveway, Electric, Open
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Corner Lot, Tree Coverage - Light
Story One and One Half
Foundation 2200
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Stucco
New Construction false
Schools
School District Waconia
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