Call Us Contact
How does the pandemic impact me?

My notes for this property

Add listing to my favorites (required)
/mo   Edit
MLS# 5690372
Built 1966
3,985 fin sqft
Stillwater schools
My rating:
Request a Showing:
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Thank You!

    An agent will be in contact with you soon to answer your question.

    Description:   Act Quickly on this Landland MN 4 Unit - investment opportunity! Property is fully occupied/up and running & easy to manage. One 3 Bedroom 2 Bath unit with a two car garage. One 2 Bedroom 1 Bath Unit with a one car garage. Two 1 Bedroom 1 Bath Units - located on the lower level, each with one car garage. This clean and updated the property offers two coin opp laundry areas, newer roof, most newer windows, two newer furnaces, two newer water heaters, newer concrete aprons, a large yard, and plenty of storage space with a bonus room above one of the garages.
    List Price: $435,000
    Price/sq ft: $109
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Four Plex
    Year Built: 1966
    City: Lakeland
    County: Washington
    State: MN
    Zip Code: 55043


    Fin Sq Ft / Living Area: 3,985 ft²
    Above Ground Living: 2,285 ft²
    Below Ground Living: 1,700 ft²
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details: Full, Finished, Egress Window(s)


    Heating System: Forced Air
    Foundation Size: 1,750 ft²
    Shared Amenities: Coin-op Laundry Owned
    Fencing: Wire
    Road Frontage: City Street, Paved Streets
    Handicap Accessible: None
    Exterior Material: Brick/Stone, Stucco
    Garage Spaces: 5
    Roof Details: Asphalt, Pitched, Age 8 Years or Less


    Acres: 0.5
    Latitude: 44.94453421
    Longitude: -92.77271185
    Lot Size Dim.: 125x173
    Dev/Complex Name: Hobbytown Add
    Zoning: Residential-Multi-Family


    School District: 834
    District Phone: 651-351-8301


    Annual Caretaker Expense: None
    Annual Electric Expense: $2,695
    Annual Fuel Expense: $1,250
    Annual Insurance Expense: $1,338
    Annual Maintenance Expense: None
    Annual Gross Expense: $9,373
    Annual Trash Expense: $574
    Annual Water/Sewer Expense: $360

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $3,153
    Assessment Pending: No
    Taxes w/ Assessments: $3,156


    Annual Gross Income: $43,200


    Unit 1 Monthly Rent: $1,200
    Unit 2 Monthly Rent: $1,000
    Unit 4 Monthly Rent: $700


    Total Units: 4


    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: Private Sewer
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.


    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  


    Listing provided by RMLS, courtesy of RE/MAX Professionals.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.