1220 Polk Street S, Shakopee, MN 55379 | MLS 5214942 | Listing Information | BHHS Advantage - Owatonna Real Estate

1220 Polk Street S,  Shakopee MN, 55379

(Active)
$395,000
|
4 beds, 4 baths, 2,784 sqft
|
MLS# 5214942
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Last Updated: 4/24/2019 6:19 AM
Description for 1220 Polk Street S Shakopee, MN 55379
Rare Opportunity to own a 4-plex close to Amazon's growing facility with value add opportunity. Four one bedroom units with in-unit laundry rooms, 4 separate garages, separate utilities gas, water and electric which tenants pay. Units are well-below market due to long-term owner/tenants. All month to month. Market rents for 1 bedroom units in Shakopee are $1100. Perfect for house hacks or investor.
Price
$395,000
Minnesota Valley 3rd Add
Scott
4
4
2,784 (approx)
5214942
Active
Description
Rare Opportunity to own a 4-plex close to Amazon's growing facility with value add opportunity. Four one bedroom units with in-unit laundry rooms, 4 separate garages, separate utilities gas, water and electric which tenants pay. Units are well-below market due to long-term owner/tenants. All month to month. Market rents for 1 bedroom units in Shakopee are $1100. Perfect for house hacks or investor.
Listing Information
Property Type: Fourplex, Other
4 4
0.28 Acres 2,784 (approx) 1984
1,392 Sq. Ft. Yes-4 spaces
Minnesota Valley 3rd Add
2,784 Sq. Ft. (approx)
City
City Sewer
Natural Gas
4 Total
Neighborhood
School Information
District: 720 - Shakopee
Room Information
Interior Features
1,392 Sq. Ft. Above Ground ,1,392 Sq. Ft. Below Ground
Refrigerator, Range
Forced Air
Full, Finished
3
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Garage
Asphalt Shingle, Pitched
100x120
Residential-Multi-Family
In City, City Road, Paved Road
Driving Directions
Coming from the East, take Highway 101 to downtown Shakopee, Turns into 1st Ave West, road curves to SW, Follow that to 6th Ave West, Take Right on Tyler St, Right on 11th Ave, Left on Polk and follow to property on right
Financial Considerations
270840320
$4,684
2018
Cash,Conventional
$27,300 Income ,$10,970Expense

Shakopee Real Estate

Shakopee is located in Minnesota. Shakopee, Minnesota 55379 has a population of 39,981.

The median household income in Shakopee, Minnesota 55379 is $79,670. The median household income for the surrounding county is $86,510 compared to the national median of $53,482. The median age of people living in Shakopee 55379 is 32.5 years.

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Courtesy: RE/MAX Results
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This content last refreshed on 4/24/2019 6:19 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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