Prior Lake, MN 55372,16558 Franklin TRL SE
Prior Lake, MN 55372,16558 Franklin TRL SE
Prior Lake, MN 55372,16558 Franklin TRL SE
Prior Lake, MN 55372,16558 Franklin TRL SE
Prior Lake, MN 55372,16558 Franklin TRL SE
Prior Lake, MN 55372,16558 Franklin TRL SE
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$ 750,000
Est. payment | /mo

4,160 SqFt


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$ 750,000
Est. payment | /mo
Save

4,160 SqFt

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 6622444

Year Built 1978

Annual Tax Amount $6,928

Tax Year 2024

Contingent None

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 110x200x100x188

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!

Location

State MN

County Scott

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement Daylight/Lookout Windows, Drain Tiled, Sump Pump

Interior

Heating Forced Air

Fireplace No

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

Level or Stories One

Structure Type Fiber Cement

New Construction false

Schools

School District Prior Lake-Savage Area Schools

Listed by Mark Gores • RE/MAX Advantage Plus
Paul Ekstrom

Broker | Owner | Team Leader | License ID: 40560749

+1(612) 749-8404 | paul@thepauleteam.com

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16558 Franklin TRL SE