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Property Description
Income Today, Growth Tomorrow: White Bear Lake Commercial PropertyDon't miss this fantastic opportunity to invest in a prime parcel of commercial property in White Bear Lake, Adjacent to City Hall on Second Street. This offering comprises two adjacent parcels with rent-producing single-family residences in excellent condition. The properties are currently fully leased at below market rates that allow for future increases. The area represents fast-growing, highly sought-after properties with GX-D (General Mix Downtown) zoning. The area has excellent potential for future value increases. If you are looking for an opportunity with an excellent chance of future increases while providing passive income today, this is it.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.52 Acres
Taxes: $8,562
Year Built: 1899
Feature Descriptions
Days on Site: 58
Foundation Size: 1692
Lot Dimensions: 150 x150
Parcel#: 143022420067
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected
Local Schools
School District: White Bear Lake
Listed By / Shown By
Listed By
Agency Name: Rocket Realty
Agency Phone: 612-200-1100
Shown By
Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111
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Estimated Payment
$ 4,924.06 per month $3,991.81 Principal & Interest $713.50 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
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2059-2063 Second Street | MLS# 7108056
This multi-family property located at 2059-2063 Second Street, White Bear Lake, MN 55110 is currently listed for sale with an asking price of $750,000. 2059-2063 Second Street is located within the White Bear Lake school district. Search White Bear Lake real estate on www.counselorrealtyalex.com today.