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11024-11038 183rd Circle Nw, Elk River, MN 55330

$2,650,000
  • 11024-11038 183rd Circle Nw, Elk River, MN 55330 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,442 MLS#7033511
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMulvaney Point Twin Homes SCHOOLElk River

Property Description

55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.

11024-11038 183rd Circle Nw | MLS# 7033511

This multi-family property located at 11024-11038 183rd Circle Nw, Elk River, MN 55330 is currently listed for sale with an asking price of $2,650,000. 11024-11038 183rd Circle Nw is located within the Elk River school district. Search Elk River real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 2
Heating: Forced Air
Lot Size: 1.78 Acres
Roof Type: Asphalt, Pitched
Taxes: $30,528
Year Built: 2020

Feature Descriptions

Accessibility: No Stairs External, No Stairs Internal
Days on Site: 5
Exterior: Frame
Foundation Size: 1442
Lot: Tree Coverage - Medium
Lot Dimensions: 211x302x391x339
Owners Expense: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Roof Maintenance, Snow Removal, Taxes
Parcel#: 75009040105
Parking: Attached Garage, Parking Lot, Paved Lot
Road Frontage: City Street, Cul De Sac, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 4
Water: City Water/Connected

Local Schools

School District: Elk River

Listed By / Shown By

Listed By

Agency Name: Acuity Group
Agency Phone: 763-633-3535

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimate Your Payment

Estimated Payment

$ 9,214.67 per month $5,897.75 Principal & Interest $2,544.00 Property Tax $772.92 Homeowner's Insurance

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