a Berkshire Hathaway affiliate

$299,900

413 Lilac Lane, Madison Lake, MN 56063


413 Lilac Lane Madison Lake, MN 56063

For Sale MLS# 7025701

4 beds 3 baths 2,250 sq ft Multi-family

Data current as of {{getLocalTime('2020-11-25T16:33:06Z')}}

Details

MLS# 7025701

Description for 413 Lilac Lane, Madison Lake, MN, 56063


Check out this great property with investment options. Investors can rent both units for great cash flow, or owner-occupy to have your onsite rental pay your mortgage for you. YOU choose. The property has a current rental license and a solid occupancy rate. The lower unit, recently renovated, has 2 bed/1 bath, with private laundry. The upper unit features 2 bed/2 bath, a four season room, vaulted ceilings, and a private master bath with a HUGE walk-in closet. This unit is currently occupied. Each unit has an oversized attached garage stall. In addition, There is a detached garage stall for the owners tools or toys.

Listing Information


Property Type: Multi-family, Duplex, Up/Down

Status: Active

Bedrooms: 4

Bathrooms: 3

Lot Size: 0.31 Acres

Square Feet: 2,250 sq ft

Foundation: 1,232 sq ft

Garage: Yes

Stories: Bi-Level Split

Construction: Concrete Block,Frame/Wood

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Blue Earth

HERS Score:

Construction Status: Previously Owned

School Information


District: Mankato #77

Elementary:

Middle:

High:

Interior Features


Square Footage above: 1,200 sq ft

Square Footage below: 1,050 sq ft

Flooring:

Basement: Concrete Block, Full

Additional Interior Features: Mechanicals - Water Heater - Gas

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Attached Garage

Garage Spaces: 3

Parking Spaces: 4

Parking Description: Attached

Exterior: Steel

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 45x169x125x125

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Deck

Soil Type:

Tillable Acres:

Unit Information


Monthly Rent: 1175

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 6

Monthly Rent: 1275

Total Baths: 2

Total Bedrooms: 2

Total Rooms: 7

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID:

Tax Amount: $3,474

Tax Year: 2020

HomeStead Description:

Sales History

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Schools nearby 413 Lilac Lane

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings