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Active NEW!
$674,900
/mo Edit
Single Family:  1 Story
7 br • 3 ba • Built 1990
2,932 sqft • 0.75 acres
Elk River schools
MLS# 6725640
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    Property Description

    Here’s a great opportunity for investors looking for a solid rental property in Elk River. This remodeled home was updated in 2019 with the intention of being used as a three-unit rental and has been well-maintained ever since, and in accordance with the Elk River (IUP). The renovation included new siding, fresh paint throughout, new interior doors and flooring, and updated kitchen cabinetry in two of the units. All appliances were purchased new in 2019. All systems are currently in good working condition with no known issues. The property consists of three separate units, each featuring its own in-unit laundry, full kitchen, full bathrooms, dining and living areas. Unit 1 offers three bedrooms, Unit 2 is a one-bedroom, and Unit 3, located on the garden level, features three bedrooms. *** Agents see agent remarks for further info. Whether you're a seasoned investor or just getting started, this Elk River triplex delivers strong rental income, updated finishes, and the flexibility to serve multiple tenants—all in a convenient and growing location. THIS IS A LIMITED OPPORTUNITY - PLEASE REACH OUT IF INTERESTED.

    Listing

    Contingency: None
    Price per sq ft: $230
    City: Elk River
    County: Sherburne
    State: MN
    Property Style: 1 Story
    Zip Code: 55330

    Interior

    Living Area: 2,932 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Gas Water Heater
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 2,084 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    Unit Amenities: Ceiling Fan(s)
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Vinyl Siding

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Main Floor Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Kitchen/Dining Room

    Lot & Land

    Acres: 0.75
    Geolocation: 45.309811, -93.586544
    Lot Dimensions: 0
    Zoning: Residential-Single Family
    Lot Description: Many Trees

    Schools

    School District: 728
    District Phone: 763-241-3400

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,380
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,380
    Association Fee Required: No
    Association Fee: None
    Association Fee Frequency: N/A

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.