For Sale: Annandale MLS# 6726439
Active
$1,295,000
Multi-family: Apartments
Built 1908
7,000 sqft • 2.82 acres
Annandale schools
MLS# 6726439
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Property Description
What a fabulous and unique opportunity to own a large parcel on one of the area's premier lakes. 2.8 acres of land with 216 feet of excellent lake front on one of the area's premier lakes. Two buildings contain 10 apartments. Barn Building has 4 one bedroom apartments and 2 two bedroom apartments. The house building has a studio, 2 one bedroom and a 2 bedroom. There are 7 detached garage spaces and one attached garage space. There is a shared coin operated laundry also for the tenants. It has a 36x120 Quonset storage building that brings in seasonal storage income. Fantastic views down the lake, wonderful level grounds for activities. A great opportunity! Tremendous piece of property!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,295,000
Price per sq ft:
$185
Property Type:
Multi-family
City:
Annandale
Garage Spaces:
8
County:
Wright
Year Built:
1908
State:
MN
Property Style:
Apartments
Zip Code:
55302
Interior
Finished Area:
7,000 ft2
Living Area:
7,000 ft2
Ranges:
One Per Unit, Six or More
Refrigerators:
One Per Unit, Six or More
Basement Details:
- Block
- Full
- Other
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
8
Garage Size:
2,000 ft2
Foundation Size:
3,800 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Hot Water
Parking Features:
- Asphalt
- Attached Garage
- Detached
- Parking Lot
Shared Amenities:
- Beach
- Coin-op Laundry Owned
- Dock
Road Frontage:
Township
Exterior Material:
- Stucco
- Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Cedar Lake (Corinna Twp.)
Waterfront View:
Lake, South
DNR Lake ID#:
86022700
WF Frontage:
216
Elev Highpt to WF feet:
0-4
Waterfront Slope:
Level
Lake Chain Name:
N
Lake Acres:
790
Lake Depth:
108
Waterfront:
Lake Front
Lake Bottom:
- Hard
- Sand
Lot & Land
Acres:
2.82
Geolocation:
45.283637, -94.065601
Lot Dimensions:
Irregular
Zoning:
Agriculture
Lot Description:
- Accessible Shoreline
- Many Trees
Farm
Topography:
Level
Schools
School District:
876
District Phone:
320-274-5602
Expenses
Annual Caretaker Expense:
$4,808
Annual Electric Expense:
$3,518
Annual Fuel Expense:
$5,500
Annual Insurance Expense:
$14,460
Annual Maintenance Expense:
$2,719
Annual Gross Expense:
$49,727
Annual Trash Expense:
$1,561
Annual Water/Sewer Expense:
$1,972
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,071
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,738
Income
Annual Gross Income:
$95,360
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
Private Sewer
Water System:
- Private
- Submersible - 4 Inch
- Well
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Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.