37 Somerset Drive
Waconia, MN 55387
MLS #4879440

Multi-Family
  • 4units
  • 8beds
  • 0.28acres
  • 936sq ft
$499,900
Est. P&I payment: $1909.28/mo
37 Somerset Drive, Waconia, MN 55387
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Description for 37 Somerset Drive, Waconia, MN 55387
Rare opportunity, conforming 4Plex, in high demand Waconia, No common areas, 4 Separate entrances, 4 - legals, building can be condo split. No gas to building, water/electric all split with separate meters, No association dues, all units have separate garages plus additional off street parking, each unit has Washer/Dryer and Water Softeners.
MLS #4879440
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My Notes for MLS #4879440

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1982
  • Acres: 0.28
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot,​Tree Coverage - Light
  • Lot Dimensions: 120x105x118x105
  • Status: Active
  • Style: (MF) Split Entry (Bi-Level)

Exterior Features

  • Exterior: Fiber Board
  • Fencing: None
  • Road Frontage: City
  • Parking Characteristics: Detached Garage,​Driveway - Asphalt,​Driveway - Shared,​Unassigned
  • Garage Stalls: 4
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 936
  • Handicap Accessible: None
  • Basement: Walkout,​Full,​Finished (Livable),​Drainage System,​Egress Windows,​Concrete Block
  • Above Ground Finished SqFt: 936
  • Unit 1 Amenities: Deck,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 12x12
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Dimensions: 10x11
  • Unit 1 B2 Level: Upper
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Living/Dining Room
  • Unit 1 Dining Room Dimensions: 10x10
  • Unit 1 Dining Room Level: Upper
  • Unit 1 Total Expenses: 315
  • Unit 1 Family Rm Characteristics: Main Level
  • Unit 1 Kitchen Dimensions: 8x10
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Dimensions: 12x16
  • Unit 1 Living Room Level: Upper
  • Number of Unit: 4
  • Unit 1 Number of Units: 2
  • Unit 1 Special Rooms: Main Floor Laundry,​All Living Fac. on One Level
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 936
  • Unit 2 Amenities: Deck,​Washer/Dryer Hookup
  • Unit 2 Bedroom 1 Dimensions: 12x12
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 10x11
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Living/Dining Room
  • Unit 2 Dimensions: 10x10
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Family Room Characteristics: Main Level
  • Unit 2 Kitchen Dimensions: 8x10
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 12x16
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 2
  • Unit 2 Special Rooms: Main Floor Laundry,​All Living Fac. on One Level
  • Unit 3 Amenities: Patio,​Washer/Dryer Hookup
  • Unit 3 Bedroom 1 Dimensions: 12x12
  • Unit 3 Bedroom 1 Level: Lower
  • Unit 3 Bedroom 2 Dimensions: 10x11
  • Unit 3 Bedroom 2 Level: Lower
  • Unit 3 Bath Characteristics: Full Basement
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Dining Room: Living/Dining Room
  • Unit 3 Dining Room Dimensions: 10x10
  • Unit 3 Dining Room Level: Lower
  • Unit 3 Family Room Characteristics: Lower Level
  • Unit 3 Kitchen Dimensions: 8x10
  • Unit 3 Kitchen Level: Lower
  • Unit 3 Living Room Dimensions: 12x16
  • Unit 3 Living Room Level: Lower
  • Unit 3 Number of Units: 2
  • Unit 3 Special Rooms: Main Floor Laundry,​All Living Fac. on One Level
  • Unit 4 Amenities: Patio,​Washer/Dryer Hookup
  • Unit 4 Bedroom 1 Dimensions: 12x12
  • Unit 4 Bedroom 1 Level: Lower
  • Unit 4 Bedroom 2 Dimensions: 10x11
  • Unit 4 Bedroom 2 Level: Lower
  • Unit 4 Bath Characteristics: Full Basement
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Dining Room: Living/Dining Room
  • Unit 4 Dining Room Dimensions: 10x10
  • Unit 4 Dining Room Level: Lower
  • Unit 4 Family Room Characteristi: Lower Level
  • Unit 4 Kitchen Dimensions: 8x10
  • Unit 4 Kitchen Level: Lower
  • Unit 4 Living Room Dimensions: 12x16
  • Unit 4 Living Room Level: Lower
  • Unit 4 Number of Units: 2
  • Unit 4 Special Rooms: Main Floor Laundry,​All Living Fac. on One Level

Utilities Features

  • Water: City Water/Connected
  • Fuel: Electric
  • Heating: Baseboard
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned,​Disposal
  • Unit 1 Air: Wall
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned,​Disposal
  • Unit 2 Air: Wall
  • Unit 3 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned,​Disposal
  • Unit 3 Air: Wall
  • Unit 4 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned,​Disposal
  • Unit 4 Air: Wall
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 10,980
  • Annual Gross Income: 41,605
  • Annual Insurance Expense: 2,257
  • Annual Maintenance Expense: 1,521
  • Annual Gross Expense: 1,521
  • Total Annual Expenses: 1,521
  • Unit 1 Monthly Rent: 915
  • Unit 2 Annual Rent: 10,500
  • Unit 2 Monthly Rent: 875
  • Unit 3 Annual Rent: 9,600
  • Unit 3 Monthly Rent: 800
  • Unit 4 Annual Rent: 11,400
  • Unit 4 Monthly Rent: 950
  • Tax Amount: 3,888
  • Tax With Assessments: 3,988
  • Tax Year: 2017
  • Tenant Expenses: Water/Sewer,​Electric,​Trash,​Cable T.V.

Community Features

  • Municipality: Waconia
  • County: Carver
  • Postal City: Waconia (MN)

School Features

  • School District: 110 - Waconia
  • School District Phone: 952-442-0600

Misc Features

  • Amenities - Shared: None
  • Construction Status: Previously Owned
  • Foundation Size: 936
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Single

Location

 
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Directions to 37 Somerset Drive, Waconia, MN 55387
Hwy 5 to Hwy 284 S to 2nd Roundabout then head back on Hwy 284 N, right onto Somerset Drive and property is first right.
The listing information for 37 Somerset Drive, Waconia, MN 55387 was graciously provided by our friends at the listing brokerage, RE/MAX Alliance Realty

Get Financing for 37 Somerset Drive, Waconia, MN 55387

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $1909.28
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Last Updated 11/20/2017 at 11:18am
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