For Sale: Lakeland MLS# 6724441
Active
NEW!
$549,950
Multi-family: Triplex
Built 1958
2,080 sqft • 0.34 acres
Stillwater schools
MLS# 6724441
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Property Description
Tri-Plex investment opportunity at 180 Saint Croix Trail N! Ideally located and thoughtfully updated, this solid triplex blends everyday convenience with the tranquility of nature making it a smart opportunity for both investors and owner-occupants. Just minutes from the charming downtowns of Stillwater, Hudson, and Afton, and quick access to I-94, you're only 15 minutes from St. Paul and 30 minutes from the Mall of America. Units 1 and 2 have been refreshed with new flooring, baseboards, paint, fixtures, and blinds. Unit 2 features a fully renovated kitchen with updated appliances and a completely gutted and remodeled bathroom with new tile, vanity, fixtures, and toilet. In-unit laundry was added to both Units 1 and 2, offering added convenience for tenants. A brand-new electric panel was recently installed, adding tremendous value and peace of mind. The building’s boiler heating system and concrete block construction provide year-round comfort at a low operating cost holding heat in the winter and keeping interiors cool in the summer. Tenants should be responsible for utilities and pay additional rent for garage usage. Outdoor enthusiasts will appreciate the proximity to Belwin Conservancy, Afton Alps, Afton State Park, and the St. Croix River, with marinas and boat launches just 2 minutes away. With its unbeatable location, durable construction, and smart upgrades, this triplex is the perfect blend of function, lifestyle, and income potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,950
Price per sq ft:
$264
Property Type:
Multi-family
City:
Lakeland
Garage Spaces:
2
County:
Washington
Year Built:
1958
State:
MN
Property Style:
Triplex
Zip Code:
55043
Interior
Finished Area:
2,080 ft2
Living Area:
2,080 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
616 ft2
Foundation Size:
2,080 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Detached
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.34
Geolocation:
44.950991, -92.771543
Lot Dimensions:
100
Zoning:
Residential-Multi-Family
Schools
School District:
834
District Phone:
651-351-8301
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,502
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,078
Income
Annual Gross Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.