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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,652 sqft
Price per Sqft $75
Subdivision City Lts Of New Germany
MLS Listing ID 6782242
Year Built 1911
Annual Tax Amount $4,914
Tax Year 2024
Lot Size 0.380 Acres
Property Sub-Type Quadruplex
Property Description
Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with laminate flooring or refinished hardwood floors, laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community. Complete tear off and reroof of asphalt shingles 8/2025, and a membrane roof replacement 8/2025, as well as a new water heater 8/2025.
Location
State MN
County Carver
Zoning Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Baseboard, Forced Air
Exterior
Parking Features Open
Fence None
Roof Type Asphalt,Metal
Building
Lot Description Irregular Lot
Story Two
Foundation 3944
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco,Wood Siding
New Construction false
Schools
School District Waconia
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