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1082 5th Street Se, Forest Lake, MN 55025

$579,000
  • 1082 5th Street Se, Forest Lake, MN 55025 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,696 MLS#7045525
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFred Richters Forest Lake Add SCHOOLForest Lake

Property Description

Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BADiscover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition ? think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this ? turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities ? simply don't last long in today's market.

1082 5th Street Se | MLS# 7045525

This multi-family property located at 1082 5th Street Se, Forest Lake, MN 55025 is currently listed for sale with an asking price of $579,000. 5th Street Se is located within the Forest Lake school district. Search Forest Lake real estate on www.leblancrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 4
Heating: Baseboard
Lot Size: 0.23 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $5,758
Year Built: 1995

Feature Descriptions

Days on Site: 9
Exterior: Block, Frame
Foundation Size: 1848
Lot: Irregular Lot, Tree Coverage - Medium
Lot Dimensions: 69x140
Owners Expense: Sewer, Water
Parcel#: 0903221330127
Parking: Attached Garage, Concrete, Garage Door Opener
Road Frontage: City Street, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Trash Collection
Units: 2
Water: City Water/Connected

Local Schools

School District: Forest Lake

Listed By / Shown By

Listed By

Agency Name: Engel & Volkers Minneapolis Downtown
Agency Phone: 612-338-3836

Shown By

Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451

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Estimated Payment

$ 1,937.31 per month $1,288.60 Principal & Interest $479.83 Property Tax $168.88 Homeowner's Insurance

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