Do Real Estate on the Go!
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Do Real Estate on the Go!
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$250,000
3 Beds
- 2 Baths
1 full bath + 1 half bath
1,398sqft
5482 Egan Dr, Savage, MN 55378
$250,000
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Townhouse
Built in 1984
$351/mo HOA
0.03 acre lot
$179/sq.ft
Description
Investor opportunity. This well-maintained split-level townhome is tenant-occupied through 2027, providing immediate rental income with no vacancy period. The existing lease includes built-in annual rent increases, offering predictable year-over-year income growth, and the property is occupied by a great, long-term tenant. The upcoming $10,000 HOA assessment will be paid by the seller, with planned HOA improvements scheduled for 2026 and 2027 and no increase to HOA dues for the new owner. Additional equity remains for the next investor and upcoming updates will increase the home and community value. The large, open kitchen features loads of storage, well-maintained applia...
Continue ReadingProperty Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
$351 Monthly
Finished Area
1,398 sqft
Lot Size
0.03 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
6825826
Days on Market
51
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