Jenner Moretto, Metrowide Team
Property Description
SELLER OPEN TO CREATIVE DEAL STRUCTURING!! The only fourplex in the city of Lauderdale (No Rent Control!) is for sale for the first time in about 20 years. A career tradesman owner kept it up throughout & left room to grow income. Turnover was minimal (some tenants stayed 7+ years) until the owner intentionally timed all four lease ends this summer to turn every unit for the sale: paint, refinished hardwoods & exterior paint. All four are leased. Two are month to month (30 day notice), so an owner occupant can pick a unit, or an investor can set new leases with utility chargebacks to boost cashflow! Easy upkeep: four similar 1 bed, 1 bath units, replaced windows, boiler heat & owned coin laundry. Big yard, 4 off street spaces & basement storage. About a mile to the U of M St Paul campus & 1.5 miles to the State Fairgrounds, minutes to Rosedale & Como Park, near Hwy 280. Lauderdale is its own city, outside Minneapolis & Saint Paul rental ordinances, including rent stabilization (buyer to verify). Buyer to verify all info.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Full, Shared Access, Storage/Locker, Storage Space
Heating: Boiler
Lot Size: 0.15 Acres
Taxes: $8,566
Year Built: 1936
Feature Descriptions
Days on Site: 19
Exterior: Block, Brick, Frame
Foundation Size: 1200
Lot Dimensions: 50â?? x 132â??
Owners Expense: Heat, Hot Water, Sewer, Trash Collection, Water
Parcel#: 172923340042
Parking: Gravel, Driveway - Other Surface
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected
Local Schools
School District: Roseville
Listed By / Shown By
Listed By
Agency Name: MRG Realty Partners, LLC
Agency Phone: 651-900-4386
Shown By
Agent Name: Jenner Moretto, Metrowide Team
Agent Phone: (612) 501-2559
Agency Title: Counselor Realty
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Estimated Payment
$ 4,081.72 per month $3,192.92 Principal & Interest $713.83 Property Tax $174.97 Homeowner's InsuranceChange Payment Information
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1759 Pleasant Street | MLS# 7108235
This multi-family property located at 1759 Pleasant Street, Lauderdale, MN 55113 is currently listed for sale with an asking price of $599,900. Pleasant Street is located within the Roseville school district. Search Lauderdale real estate on jmoretto.counselorrealty.com today.