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$699,000

4 Beds 4 Baths 2,188 SQFT 0.29 Acres
Type: Multi-Family

2627 Commerce Boulevard
Mound, MN 55364

MLS#: 7157299
Andrew Kreye
Andrew Kreye
The Real Estate Advantage
Realtor
Phone: 952.693.1291
Office: 763.755.1100
Presented by: Financially Free, LLC

Property Description

 

Once-in-a-lifetime lakefront opportunity — duplex properties on the water are virtually unheard of, and this gem on Lake Langdon checks every box. With approximately 60 feet of pristine lakefront, your own private dock, and individual screened-in patios off each unit overlooking the water, the lifestyle this property offers is truly unmatched. It also is in walking distance to tons of parks and beaches, Surfside Bar and Grill, Caribou Coffee, Back Channel Brewing and so much more! Both units have been nicely renovated and feature 2 bedrooms and 2 bathrooms, granite countertops, stainless steel appliances, and quality finishes throughout. Enjoy stunning views of the lake right from inside each unit — whether you're cooking in the kitchen or relaxing in the living room, the scenery never gets old. Step outside onto your own private deck for even more of that gorgeous lakefront backdrop. Shared laundry is conveniently located on the lower level. Unit 2629 boasts a finished attic space — currently used as a bonus room and perfect for a home office, playroom, or additional sleeping area (not counted in the bedroom total). The attic on the opposite unit offers exciting potential to finish for added square footage and even more usable living space. The income potential here is proven — unit 2627 was previously rented by the current owners for $3,000/month. There is no rental license required, which is an added perk. Live in one unit and let the other help pay your mortgage, or lease both and maximize your return on this rare lakefront asset. Seller is open to any and all offers!


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,272 sqft
BasementWalkout
Basement (Y/N)Yes
Below Grade Finished Area916 sqft
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMound
ContingencyNone
CountyHennepin
DirectionsNorth on Westedge Blvd, then take a right on Barlett Blvd. Property will be on your right.
Electric Expense2500
Fuel Expense300
Garage Spaces0
Gross Income0
HeatingBaseboard, Ductless Mini-Split
High School DistrictWestonka
Insurance Expense2000
Land Lease Y/NNo
Lender OwnedNo
LevelsOne and One Half
Living Area2,188 sqft
Lot Size UnitsAcres
MaintenanceExpense500
New ConstructionNo
Number Of Units Total2
Operating Expense7600
PostalCityMound
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSunset View Villa
Tax Annual Amount$5,884
Tax Year2025
Trash Expense1000
ViewLake, Panoramic
Water Sewer Expense1000
Waterfront FeaturesLake Front
Year Built1912

Exterior

Building Area Total2,339 sqft
Foundation Area1,067 sqft
Lot Dimensions123x132x20x110x121x84x40x24
Lot Size Area0 sqft
Water SourceCity Water/Connected
Waterfront Y/NYes

Additional Details

Price History

Schools 

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

  

Similar Properties

$699,000

4 Beds 4 Baths 2,188 SQFT 0.29 Acres
Type: Multi-Family

2627 Commerce Boulevard
Mound, MN 55364

MLS#: 7157299
Andrew Kreye
Andrew Kreye
The Real Estate Advantage
Realtor
Phone: 952.693.1291
Office: 763.755.1100