Address
308 S Pine Street, Waconia, MN
Price
$ 350,000
Property Attributes
  • ID#6499713
  • TypeMulti-Family
  • CountyCARVER
  • CityWaconia
  • AreaVillage-Waconia
  • NeighborhoodVillage-Waconia
  • Zip55387
  • StyleDuplex Up and Down
  • Year Built1918
  • Taxes$ 4232
  • Price$ 350,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1935
  • Lot Size7,841 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Rare duplex opportunity in Waconia! With duplex numbers in the single digits in the city, these properties don't come up often. There are so many great options! Own and occupy more affordably than with a single-family home while you live in half and a tenant pays a significant portion of the mortgage. Looking for generational living options while still maintaining space from your loved ones? You can do that here! Or, maybe you're an investor looking to buy your first rental or grow your portfolio. This could be the one for you! Keep long term tenants or explore short-mid term leasing options. There are two units, each with two bedrooms/1 bathroom. The garage is separated by a partition so each unit has a private stall. Shared laundry in the basement. This home is within blocks of a fun restaurant, cafe & bar scene, Lake Waconia, a hospital, groceries & more!

Price History
3/7/2024 Listed $375,000
3/27/2024 7% - $350,000

General Features

Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years,Asphalt,Pitched
Garage Spaces 2
Construction Materials Wood Siding
Year Built 1918
Electric Circuit Breakers,100 Amp Service
Tenant Pays Electricity,Gas,Grounds Care
Levels Two
Property SubType Duplex Up and Down
Tax Year 2024
Gross Income 25140
OwnerPays Sewer
Accessibility None
County Carver
New Construction No
Property Type Residential Income
Contingency None
Subdivision Name Village/Waconia
Directions Hwy 5 to Olive St,north to 3rd St,east to Pine St,south to home on right.
City Waconia
Buyer Agent Compensation 2.70
High School District Waconia
Zoning Description Residential-Single Family
Total Units 2
Street Name Pine
Land Lease Y/N No
Tax Annual Amount 4232
Water Sewer Expense 1104
Additional Parcels Y/N No
Days on Market 20
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Waconia

Interior Features

Basement Full,Owner Access,Shared Access,Storage Space,Unfinished
Basement (Y/N) Yes
Above Grade Finished Area 1935
Street Suffix Street
Fuel Natural Gas
Garage Dimensions 23x25
Garage Square Feet 581

Exterior Features

Fencing None
Parking Features Assigned,Detached,Gravel
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.18
Lot Dimensions 156x50
Lot Size Units Acres
Foundation Area 836
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55387

Price
AVG $350K
$350K
Taxes
AVG $4,232
$4,232
Visits
AVG 102
103
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1918

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