358-364 S Central Avenue
Wayzata, MN 55391
MLS #4887949

Multi-Family
  • 4units
  • 8beds
  • 0.75acres
  • 1,322sq ft
$1,800,000
Est. P&I payment: $6874.78/mo
358-364 S Central Avenue, Wayzata, MN 55391
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Description for 358-364 S Central Avenue, Wayzata, MN 55391
Fabulous opportunity to own 4- 2 BR, 2 BATH condos under one roof in the highly sought East End of Downtown Wayzata. Quiet and very private location with south facing views of Wayzata Bay and Yacht Club. Purchase as an investment and continue to use as rental properties, or completely renovate and re-position as an upscale remodel/resale opportunity. Each condo has own PID, mechs, taxes, utilities. 1 block to shops, dining and special amenities of this charming town on the shores of Lk Mtka.
MLS #4887949
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My Notes for MLS #4887949

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1979
  • Acres: 0.75
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot,​Tree Coverage - Medium,​City Bus (w/in 6 blks)
  • Lot Dimensions: 150x160x209x150+Addl
  • Status: Active
  • Style: (MF) Four Plex

Exterior Features

  • Exterior: Wood,​Shakes
  • Road Frontage: City,​Paved Streets
  • Parking Characteristics: Attached Garage,​Tuckunder,​Driveway - Concrete,​Garage Door Opener
  • Waterfront Name: Lake Minnetonka
  • Lake/Waterfront: Lake View
  • Garage Stalls: 8
  • Roof: Asphalt Shingles,​Pitched,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 1,322
  • Handicap Accessible: None
  • Basement: Walkout,​Partial Finished,​Concrete Block
  • Above Ground Finished SqFt: 1,260
  • Below Ground Finished SqFt: 62
  • Unit 1 Amenities: Deck,​Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 12x19
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Dimensions: 16x11
  • Unit 1 B2 Level: Upper
  • Unit 1 Bath Characteristics: Main Floor 1/2 Bath,​Full Master,​Walk-Thru,​Separate Tub & Shower
  • Unit 1 Bath Full: 1
  • Unit 1 Half Bath: 1
  • Unit 1 Total Baths: 2
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen,​Living/Dining Room
  • Unit 1 Dining Room Dimensions: 6x12
  • Unit 1 Dining Room Level: Main (Ground)
  • UNIT1_Ex-1 Dimensions: 20x10
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Deck
  • Unit 1 Ex-2 Dimensions: 7x9
  • Unit 1 Ex-2 Level: Main (Ground)
  • Unit 1 Ex-2 Name: Foyer
  • Unit 1 Ex-3 Dimensions: 7x9
  • Unit 1 Ex-3 Level: Lower
  • Unit 1 Ex-3 Name: Mud Room
  • Unit 1 Ex-4 Dimensions: 19x22
  • Unit 1 Ex-4 Level: Lower
  • Unit 1 Ex-4 Name: Gazebo
  • Unit 1 Total Expenses: 200
  • Unit 1 Kitchen Dimensions: 14x9
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 12x19
  • Unit 1 Living Room Level: Main (Ground)
  • Number of Unit: 4
  • Unit 1 Number of Units: 2
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 1,322
  • Unit 2 Amenities: Deck,​Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 2 Bedroom 1 Dimensions: 12x19
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 16x11
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Bath Characteristics: Main Floor 1/2 Bath,​,​Full Master,​Jack and Jill,​Separate Tub & Shower
  • Unit 2 Full Bath: 1
  • Unit 2 Half Bath: 1
  • Unit 2 Total Baths: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Eat In Kitchen,​Kitchen/Dining Room
  • Unit 2 Dimensions: 6x12
  • Unit 2 Dining Room Level: Main (Ground)
  • Unit 2 Ex-1 Dimensions: 20x10
  • Unit 2 Ex-1 Level: Main (Ground)
  • Unit 2 Ex-1 Name: Deck
  • Unit 2 Ex-2 Dimensions: 7x9
  • Unit 2 Ex-2 Level: Main (Ground)
  • Unit 2 Ex-2 Name: Foyer
  • Unit 2 Ex-3 Dimensions: 13x7
  • Unit 2 Ex-3 Level: Lower
  • Unit 2 Ex-3 Name: Mud Room
  • Unit 2 Ex-4 Dimensions: 19x22
  • Unit 2 Ex-4 Level: Lower
  • Unit 2 Ex-4 Name: Garage
  • Unit 2 Kitchen Dimensions: 14x9
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 12x19
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Special Rooms: 2nd Floor Laundry
  • Unit 2 Total Rooms: 7
  • Unit 2 Finished Square Footage: 1,350
  • Unit 3 Amenities: Deck,​Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 3 Bedroom 1 Dimensions: 12x19
  • Unit 3 Bedroom 1 Level: Upper
  • Unit 3 Bedroom 2 Dimensions: 16x11
  • Unit 3 Bedroom 2 Level: Upper
  • Unit 3 Bath Characteristics: Main Floor 1/2 Bath,​,​Separate Tub & Shower
  • Unit 3 Full Baths: 1
  • Unit 3 Half Baths: 1
  • Unit 3 Total Baths: 2
  • Unit 3 Bedrooms: 2
  • Unit 3 Dining Room: Eat In Kitchen,​Living/Dining Room
  • Unit 3 Dining Room Dimensions: 6x12
  • Unit 3 Dining Room Level: Main (Ground)
  • Unit 3 Ex-1 Dimensions: 20x10
  • Unit 3 Ex-1 Level: Main (Ground)
  • Unit 3 Ex-1 Name: Deck
  • Unit 3 Ex-2 Dimensions: 7x9
  • Unit 3 Ex-2 Level: Main (Ground)
  • Unit 3 Ex-2 Name: Foyer
  • Unit 3 Ex-3 Dimensions: 14x7
  • Unit 3 Ex-3 Level: Lower
  • Unit 3 Ex-3 Name: Mud Room
  • Unit 3 Ex-4 Dimensions: 20x10
  • Unit 3 Ex-4 Level: Lower
  • Unit 3 Ex-4 Name: Garage
  • Unit 3 Kitchen Dimensions: 14x9
  • Unit 3 Kitchen Level: Main (Ground)
  • Unit 3 Living Room Dimensions: 12x19
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 1
  • Unit 3 Special Rooms: 2nd Floor Laundry
  • Unit 3 Total Rooms: 7
  • Unit 3 Finished Square Footage: 1,357
  • Unit 4 Amenities: Deck,​Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 4 Bedroom 1 Dimensions: 12x19
  • Unit 4 Bedroom 1 Level: Upper
  • Unit 4 Bedroom 2 Dimensions: 11x16
  • Unit 4 Bedroom 2 Level: Upper
  • Unit 4 Bath Characteristics: Main Floor 1/2 Bath,​,​Jack and Jill,​Separate Tub & Shower
  • Unit 4 Full Baths: 1
  • Unit 4 Half Baths: 1
  • Unit 4 Total Baths: 2
  • Unit 4 Bedrooms: 2
  • Unit 4 Dining Room: Eat In Kitchen,​Living/Dining Room
  • Unit 4 Dining Room Dimensions: 6x12
  • Unit 4 Dining Room Level: Main (Ground)
  • Unit 4 Ex-1 Dimensions: 10x20
  • Unit 4 Ex-1 Level: Main (Ground)
  • Unit 4 Ex-1 Name: Deck
  • Unit 4 Ex-2 Dimensions: 7x9
  • Unit 4 Ex-2 Level: Main (Ground)
  • Unit 4 Ex-2 Name: Foyer
  • Unit 4 Ex-3 Dimensions: 7x9
  • Unit 4 Ex-3 Level: Lower
  • Unit 4 Ex-3 Name: Mud Room
  • Unit 4 Kitchen Dimensions: 9x14
  • Unit 4 Kitchen Level: Main (Ground)
  • Unit 4 Living Room Dimensions: 12x19
  • Unit 4 Living Room Level: Main (Ground)
  • Unit 4 Number of Units: 2
  • Unit 4 Special Rooms: 2nd Floor Laundry
  • Unit 4 Total Rooms: 7
  • Unit 4 Finished Square Footage: 1,322

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Dishwasher,​Refrigerator
  • Unit 1 Air: Central
  • Unit 2 Appliances: Range,​Dishwasher,​Refrigerator
  • Unit 2 Air: Central
  • Unit 3 Appliances: Range,​Dishwasher,​Refrigerator,​Washer,​Dryer
  • Unit 3 Air: Central
  • Unit 4 Appliances: Range,​Dishwasher,​Refrigerator,​Washer,​Dryer
  • Unit 4 Air: Central
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Unit 2 Total Expenses: 200
  • Unit 3 Total Expenses: 200
  • Unit 4 Total Expenses: 200
  • Tax Amount: 13,737
  • Tax With Assessments: 13,737
  • Tax Year: 2017
  • Tenant Expenses: Water/Sewer,​Electric,​Fuel,​Trash,​Cable T.V.

Community Features

  • Municipality: Wayzata
  • County: Hennepin
  • Postal City: Wayzata (MN)

School Features

  • School District: 284 - Wayzata
  • School District Phone: 763-745-5000

Misc Features

  • Amenities - Shared: None
  • Construction Status: Previously Owned
  • Foundation Size: 640
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Single

Location

 
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Directions to 358-364 S Central Avenue, Wayzata, MN 55391
Central Avenue South of Wayzata Blvd-at intersection of Central and Lake Street. Wayzata East End
The listing information for 358-364 S Central Avenue, Wayzata, MN 55391 was graciously provided by our friends at the listing brokerage, Coldwell Banker Burnet

Get Financing for 358-364 S Central Avenue, Wayzata, MN 55391

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 $6874.78
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Last Updated 12/15/2017 at 10:20pm
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