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3811 Restwood Road, Circle Pines, MN 55014

Status: For Sale

4 units
3,328 sq ft

$595,000

WELCOME HOME

Get to know this property.

Great building for owner occupant or good cash flow for an investor. For an owner occupant this huge low interest rate assumable FHA loan with just about 23 years left on it can save huge money per year vs todays interest rates and pays down the principle much faster with this fixed rate loan with 7 years or so already paid down on it. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.

The details that matter.

General Property Information for 3811 Restwood Road, Circle Pines, MN 55014 - MLS# 7077994
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
1
Size and Multi Family Residence
Year Built:
1984
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
3,328
Total Fnsh'd SqFt:
3,328
Above Ground SqFt:
3,328
Finished Above Grade:
3,328
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,664
Approx Lot Dimensions:
75 x 200
Approx Number of Acres:
0.35
Income and Expenses
Gross Income:
$60,480
Total Expenses:
$0

A closer look at the location.

Hwy 35 W north to Lake Drive. Exit going East about 1 mile to Restwood. This is the corner Cowboy Jack's is on. Go east one block to 3811. First 4 plex on the left.

This listing has been entered by the following office: Counselor Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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