Pending
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Pending

$800,000

12 Beds 4 Baths 4,352 SQFT 1.14 Acres
Type: Pending

240 Hallam Avenue S
Mahtomedi, MN 55115

MLS#: 7145431
Dave Widell
Dave Widell
The Real Estate Advantage
Agent
Phone: 952.237.7418
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. 3 of the 4 units have been updated and are in excellent condition. New kitchens and baths. Long term owners have kept rents low and can be easily raised. Well cared for and managed. Quiet area with lots of green space. Tandem garage and decks for each unit.


 

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 Feet0
Laundry FeaturesLower Level

General

AccessibilityNone
Additional Parcels Y/NNo
CityMahtomedi
Construction MaterialsBlock
ContingencyNone
CountyWashington
DirectionsHighway 36 to Hilton Trail to Hallam Ave
Electric Expense864
Fuel Expense0
Garage Spaces4
Gross Income82140
HeatingForced Air
High School DistrictMahtomedi
Insurance Expense5950
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4,352 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income54704
New ConstructionNo
Number Of Units Total4
Operating Expense0
OwnerPaysGrounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
PostalCityMahtomedi
Property SubtypeFourplex
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameMallard Shores
Tax Annual Amount$7,542
Tax Year2025
Tenant PaysCable TV, Electricity, Gas, Heat, Telephone
Trash Expense1296
Water Sewer Expense2364
Year Built1985
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,352 sqft
Foundation Area2,200 sqft
Lot Dimensions31x285x309x474
Lot Size Area1 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

$800,000

12 Beds 4 Baths 4,352 SQFT 1.14 Acres
Type: Pending

240 Hallam Avenue S
Mahtomedi, MN 55115

MLS#: 7145431
Dave Widell
Dave Widell
The Real Estate Advantage
Agent
Phone: 952.237.7418
Office: 763.755.1100