Pending
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Pending

$775,000

12 Beds 4 Baths 4,352 SQFT 0.75 Acres
Type: Pending

230 Hallam Avenue S
Mahtomedi, MN 55115

MLS#: 7145424
Laura Marquart
Laura Marquart
The Real Estate Advantage
Real Estate Agent
Phone: 323.559.6570
Office: 763.755.1100
Presented by: Keller Williams Premier Realty

Property Description

 

Here's your chance to own 3 separate fourplexes in the highly desirable Mahtomedi School District. These buildings don’t come a long very often. Very easy to rent 3bedroom and 1 bath units. Very solid floor plans. With slight unit upgrades rents could be significantly increased. Long term owners have kept rents low. Quiet area with lots of green space. Well cared for and managed. Tandem garage and decks for each unit. New AC, water heaters and roof.

 

Interior Features

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area4,352 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet300

General

AccessibilityNone
Additional Parcels Y/NNo
CityMahtomedi
Construction MaterialsBlock
ContingencyNone
CountyWashington
DirectionsHighway 36 to Hilton Trail to Hallam Ave
Electric Expense720
Fuel Expense0
Garage Spaces4
Gross Income76020
HeatingForced Air
High School DistrictMahtomedi
Insurance Expense4978
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4,352 sqft
Lot Size UnitsAcres
MaintenanceExpense1200
Net Operating Income56600
New ConstructionNo
Number Of Units Total4
Operating Expense19420
OwnerPaysInsurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
PostalCityMahtomedi
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameMallard Shores
Tax Annual Amount$7,542
Tax Year2025
Tenant PaysCable TV, Gas, Heat, Telephone
Trash Expense1296
Water Sewer Expense2400
Year Built1985
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,352 sqft
Foundation Area2,200 sqft
Lot Dimensions50x185
Lot Size Area0 sqft
Parking FeaturesTuckunder Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$775,000

12 Beds 4 Baths 4,352 SQFT 0.75 Acres
Type: Pending

230 Hallam Avenue S
Mahtomedi, MN 55115

MLS#: 7145424
Laura Marquart
Laura Marquart
The Real Estate Advantage
Real Estate Agent
Phone: 323.559.6570
Office: 763.755.1100

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