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

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 after East End of Downtown Wayzata. Quiet,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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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

Street View Not Available

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

Summit Mortgage

Kevin Lee

17323 U.S. Highway 10 (Suite B)
Elk River, MN 55330

(763) 421-0548 Office
(612) 889-2511 Mobile
(763) 592-8000 Fax

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Last Updated 04/22/2018 at 3:24am

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