5935 State Route 46 NE
Property Description
A tremendous opportunity with lake front access, this Corland triplex brings both personal and commercial style rental spaces alike with its massive garages and accompanying two story shop! With an incredible stretch of land and plenty of room to grow, this property can reach as far as your creativity is willing. Currently configured as a tenant occupied and revenue generating venture, this potential turn-key establishment is a portfolio piece you won't want to miss. The high visibility location finds an immediate three apartment structure with both combined forward parking and a single traditional attached garage. An additional oversized, pass-through garage provides tall ceilings and the availability to be tied to the third, second floor suite along with a stairway chair lift. Two separate first floor units showcase impressively spacious two-bedroom layouts; each with a full bath, sizeable kitchen and forward living room area. Tiled flooring bridges the carpet in the high traffic kitchens, continuing into the baths. Upstairs, the larger third suite delights with a unique layout to include a central great room, walk-in pantry and access to the must-see raised rear patio. Meanwhile at the rear of the facility, laundry services are found as the large outbuilding looks on with multiple bay doors. Inside, cement flooring accompanies both an oversized lift and a corner bath. Second floor loft catwalks provide plenty of additional storage.
Broker Details
Partners 3 LLC (330) 856-7777
MLS ID: 2022003144 State License Number: 2022003144
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $289,900 |
| Year Built: | 1955 |
| Lot Size: | 2,223.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-NEOHREXOH-5251120
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1049 Gorman Avenue
West Saint Paul, Minnesota
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout