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413 Lilac LN Madison Lake, MN 56063
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Key Details
Sold Price $279,000
Property Type Multi-Family
Sub Type Duplex Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $123
Subdivision Fasnacht Sub
MLS Listing ID 5681540
Sold Date 02/26/21
Year Built 2001
Annual Tax Amount $3,454
Tax Year 2020
Contingent None
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 45x169x125x125
Property Sub-Type Duplex Other
Property Description
Check out this great property with investment options. Investors can rent both units for great cash flow, or owner-occupy to have your onsite rental pay your mortgage for you. YOU choose. The property has a current rental license and a solid occupancy rate. The lower unit, recently renovated, has 2 bed/1 bath, with private laundry. The upper unit features 2 bed/2 bath, a four season room, vaulted ceilings, and a private master bath with a HUGE walk-in closet. This unit is currently occupied. Each unit has an oversized attached garage stall. In addition, There is a detached garage stall for the owners tools or toys.
Location
State MN
County Blue Earth
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Fence None
Roof Type Asphalt
Building
Story Split Entry (Bi-Level)
Foundation 1232
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Steel Siding
New Construction false
Schools
School District Mankato
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