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For Sale:  Linwood Twp MLS# 6692948

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Active
$600,000
/mo Edit
Multi-family:  Triplex
Built 1972
2,921 sqft • 1.15 acres
Forest Lake schools
MLS# 6692948
763-576-8286
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    Property Description

    Serene waterfront walkout Triplex on Martin Lake. First time this property is on the market. Over one acre lot with both lake and river frontage. Level areas for backyard games and firepit. Location is extremely peaceful with easy access to Twin Cities. Opportunity to make 4th unit or keep for entertaining. It is located 40 minutes of both Minneapolis and St Paul. Great potential for cabin, Airbnb, multigenerational home/cabin, investment, or redevelopment. New roof in 2018, new septic in 2021. The sky is the limit with this property.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $600,000
    Price per sq ft: $205
    Property Type: Multi-family
    City: Linwood Twp
    Garage Spaces: 0
    County: Anoka
    Year Built: 1972
    State: MN
    Property Style: Triplex
    Zip Code: 55079

    Interior

    Finished Area: 2,921 ft2
    Living Area: 2,921 ft2
    Basement Details: Partially Finished

    Exterior

    Stories: Three Level Split
    Garage Spaces: 0
    Foundation Size: 1,800 ft2
    Foundation Dimensions: 30x60
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Boiler
    Shared Amenities: Laundry
    Exterior Material: Cedar

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Martin
    Waterfront View: Lake, Panoramic, River
    DNR Lake ID#: 02003400
    WF Frontage: 360
    Elev Highpt to WF feet: 10-15
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 232
    Lake Depth: 20
    Waterfront:
    • Lake Front
    • River Front

    Lot & Land

    Acres: 1.15
    Geolocation: 45.390362, -93.091497
    Lot Dimensions: Irregular-302 x 152
    Lot Description:
    • Accessible Shoreline
    • Irregular Lot
    • Many Trees

    Farm

    Topography: Walkout

    Schools

    School District: 831
    District Phone: 651-982-8103

    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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,824
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,824

    Income

    Annual Gross Income: $12,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Natural Gas
    • Oil
    Owner Occupied: No
    Sewer System: Tank with Drainage Field
    Water System: Well

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Matthews Real Estate Investment Solutions.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.