121 & 131 S Lake Ave
Balaton, MN 56115
MLS #37586

Multi-Family
  • 4units
  • 8beds
Pending Sale $185,000
Est. P&I payment: $706.57/mo
121 & 131 S Lake Ave, Balaton, MN 56115
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Description for 121 & 131 S Lake Ave, Balaton, MN 56115
Great investment property. All units in this well kept 4-plex are currently rented. The city typically has a waiting list for future renters. Built with convenience and efficiency in mind. All appliances stay.
MLS #37586
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My Notes for MLS #37586

General Features

  • Approx Lot Dimensions: 150 x 165
  • Finished Above Grade: 5,200
  • Levels: 1 Story
  • Number of Units: 4
  • Property Type: B
  • Style: 4-Plex
  • Total Bedrooms: 8
  • Total SqFt: 5,200
  • Year Built: 1998

Exterior Features

  • Exterior: Vinyl
  • Garage Spaces: 4
  • Garage Type: Attached
  • Roof: Asphalt Shingles

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: None
  • Fireplace: No
  • Unit 1: Level: Main
  • Unit 1: SqFt: 1,300
  • Unit 1: Total Bedrooms: 2
  • Unit 2: Level: Main
  • Unit 2: SqFt: 1,300
  • Unit 2: Total Bedrooms: 2
  • Unit 3: Level: Main
  • Unit 3: SqFt: 1,300
  • Unit 3: Total Bedrooms: 2
  • Unit 4: Level: Main
  • Unit 4: SqFt: 1,300
  • Unit 4: Total Bedrooms: 2

Utility Features

  • Fuel: Propane
  • Heat: Forced Air
  • Sewer: City
  • Unit 1 Air Conditioning: Central

Financial Features

  • For Sale/Lease: For Sale
  • Lender Owned: No
  • List Price/SqFt: 35.58
  • Tax Year: 2011
  • Unit 1: Monthly Rent: 595
  • Unit 2: Monthly Rent: 595
  • Unit 3: Monthly Rent: 575
  • Unit 4: Monthly Rent: 575

School Features

  • School District: Tracy Area #2904

Miscellaneous Features

  • Construction Type: Frame/Wood
  • Road Frontage: City,​Paved
  • Unit 1 Applances: Dishwasher,​Disposal,​Dryer,​Range/Stove,​Refrigerator,​Washer
  • Water: City
  • Waterfront: No

Location

 
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Directions to 121 & 131 S Lake Ave, Balaton, MN 56115
Balaton
The listing information for 121 & 131 S Lake Ave, Balaton, MN 56115 was graciously provided by our friends at the listing brokerage, Edina Realty-Marshall

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P&I Payment $706.57
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Scenic Valley's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Scenic Valley, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/17/2017 at 7:03am
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