Great building for owner occupant or good cash flow for an investor. For an owner occupant this huge low interest rate assumable FHA loan with just about 23 years left on it can save huge money per year vs todays interest rates and pays down the principle much faster with this fixed rate loan with 7 years or so already paid down on it. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.
| MLS # | 7077994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 140 |
| Listing Provided By | Counselor Realty | Thomas L. Simonsen |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,328 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.35 |
| Heating | Boiler |
|---|
| Roof | Age Over 8 Years |
|---|---|
| Construction Materials | Frame |
| Lot Features | Tree Coverage - Light |
| Parking Features | Asphalt, Parking Lot, Paved Lot |
|---|
| Property | 8630 |
|---|
| State | MN |
|---|---|
| County | Anoka |
| City | Circle Pines |
| Zip Code | 55014 |
| Community Name | Ottes Add To Lexington |
| School District | 12 |
| High School | Centennial |
| Listing VS Median (in Ottes Add To Lexington) | |
Price: $595,000 low | high Med: $595,000 sqft: 3,328 low | high Med: 3,328 $ / sqft: $179 low | high Med: $179 On site: 140 low | high Med: 140 | |
| State | MN |
|---|---|
| County | Anoka |
| City | Circle Pines |
| Zip Code | 55014 |
| Community Name | Ottes Add To Lexington |
| School District | 12 |
| High School | Centennial |
| Listing VS Median (in Ottes Add To Lexington) | |
Price: $595,000 low | high Med: $595,000 sqft: 3,328 low | high Med: 3,328 $ / sqft: $179 low | high Med: $179 On site: 140 low | high Med: 140 | |