$549,900

345 Glenmoor LaneLong Lake, MN 55356

Type: Multi-Family

2 Units

Description

Great opportunity in Orono School District! Walk to Long Lake shops, trails, restaurants and more...Both sides are currently leased through March 2024. Many updated from 2018-2020: New Roof, soffits, gutters, windows throughout (except in garage), sliding doors, garage doors, removed and replaced concrete patios in rear of property, landscaping, removed and replaced old retaining wall with new maintenance free boulders at a cost of over $15k, all new maintenance free flooring and carpets, updated upstairs bathrooms, all new mechanicals in both units including water heaters, furnaces, air conditioners, cabinets with granite counter tops, stainless steel appliances and washer/dryers. Cash flowing property | Seller willing to carry a CD at 3.75% for a period of time to be agreed upon.

MLS ID: 6417663

Directions: Hwy 12 to Glenmoor Lane, turn left, property is first one on the right.

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Property Details

Essential Details

MLS #: 6417663

Listing courtesy of: Keller Williams Premier Realty Lake Minnetonka

Price: $549,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $42,540

Annual Misc. Income: $0

Monthly Misc. Income: $0

Operating Expense: $12,700

Annual Gross Expense: $12,700

Annual Insurance Expense: $2,400

Annual Maintenance Expense: $2,500

Tenant Pays: Cable TV, Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection, Water

Owner Pays: Insurance, Repairs, Taxes

Parking Features: Attached Garage

Garage SqFt: 480

Garage Spaces: 2

Building Details

Owner Occupied: No

Finished SqFt Total: 4,392

Finished Above Grade: 2,928

Finished Below Grade: 1,464

Fireplace: No

Construction Materials: Stucco

AccessibilityFeatures: None

Heating: Forced Air

Style: Duplex Side by Side

Foundation Area: 1,464

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Two

Number of Refrigerators: Two

Lot Details

Complex/Dev/Sub Name: Dunbrack Heights

Lot Dimensions: 100x180x150x181

School Information

District: Orono

District Number: 278

District Phone: 952-449-8305

Community Information

County: Hennepin

Survey Range: 23

Survey Section: 35

Survey Township: 118

Taxes

Tax Year: 2023

Tax Amount: $7,824

Assessment Pending: No

Taxes w/Assessments: $7,824

This listing was last updated by Keller Williams Premier Realty Lake Minnetonka on 8/30/2023 at 10:39 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 4/29/2024 12:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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