Property Description
Fantastic investment opportunity to own a fourplex with a strong rental history! Each of the four units features 2 bedrooms, 1 bathroom, a kitchen, and comfortable living areas. Designated parking is available for each unit. The property offers a flexible rental situation with one vacant unit, two units on month-to-month leases, and one unit leased through September 30, 2027. Conveniently located with easy access to I-35W and nearby shopping, this property is a great opportunity for investors looking to expand their portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Heating: Baseboard, Hot Water
Lot Size: 0.34 Acres
Roof Type: Asphalt
Taxes: $8,971
Year Built: 1984
Feature Descriptions
Days on Site: 1
Foundation Size: 1664
Lot Dimensions: 75x200x75x200
Owners Expense: Fuel, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 353123120014
Parking: Paved Lot
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected
Local Schools
School District: Centennial
Listed By / Shown By
Listed By
Agency Name: Pemberton RE
Agency Phone: 612-260-8777
Shown By
Agent Name: Shirley Lee
Agent Phone: (507) 251-2213
Agency Title: Counselor Realty
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Estimated Payment
$ 3,975.68 per month $3,060.39 Principal & Interest $747.58 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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3813 Restwood Road | MLS# 7149029
This multi-family property located at 3813 Restwood Road, Lexington, MN 55014 is currently listed for sale with an asking price of $575,000. Restwood Road is located within the Centennial school district. Search Lexington real estate on shirleylee.counselorrealtyofrochester.com today.