16578 Franklin TRL SE Active Save Request In-Person Tour Request Virtual Tour
Prior Lake,MN 55372
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $180
Subdivision Bluff Hts
MLS Listing ID 6622443
Year Built 1978
Annual Tax Amount $6,928
Tax Year 2024
Contingent None
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 181x104x188x116
Property Description
Impeccably maintained 4-plex! Seller prefers to sell with twin building at 16558 Franklin Trail, offering a unique opportunity to acquire two well-kept investment properties as a package. Each building has three 3-bedroom units, one 2-bedroom unit, and a paved parking lot with five garage stalls, assigned spaces, and guest parking. Recent updates include half the units with updated kitchens and baths, fresh exterior paint, stained decks, and sealed/numbered driveways. Added perks: coin-op laundry, two decks, two patios, and a 2012 roof replacement. Long-term tenants and below-market rents (see supplement) present strong upside potential. Don’t miss this chance for a high-quality, low-maintenance investment!
Location
State MN
County Scott
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Daylight/Lookout Windows,Drain Tiled,Sump Pump
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned,Detached,Asphalt,Shared Driveway,Garage Door Opener,No Int Access to Dwelling
Garage Spaces 5.0
Fence Chain Link,Partial
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Corner Lot
Story One
Foundation 2080
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Fiber Cement
New Construction false
Schools
School District Prior Lake-Savage Area Schools