Address
615 Hamel Road Medina, MN
Price
$ 690,000
Property Attributes
  • ID#6123581
  • TypePending
  • CountyHENNEPIN
  • CityMedina
  • AreaLutz Creek View
  • NeighborhoodLutz Creek View
  • Zip55340
  • StyleQuadruplex
  • Year Built1985
  • Taxes$ 7503
  • Price$ 690,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage4160
  • Lot Size0.55 Acres
Listing Provided Courtesy Of:
Keller Williams Premier Realty Lake Minnetonka
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

This investment property is low maintenance and ready for a new owner to takeover. New asphalt driveway in 2021. New steel siding in 2021. Furnaces are updated. Tenants love having a 2 car tuck under garage. Each unit has its own 26x6 private deck with a southern exposure that overlooks a beautiful marsh where Elm Creek originates. Tenants also enjoy the large bedrooms with generous closet space. Washer and dryer hook ups for each individual unit are an added convenience. Each unit has a water softener, owned by the landlord. Buyer must be preapproved prior to scheduling showing.

Price History
11/3/2021 Listed $690,000

General Features

Accessibility None
Additional Parcels Y/N No
Basement Block
City Medina
Construction Materials Steel Siding, Brick/Stone
Contingency None
County Hennepin
Days on Market 5
Directions GPS
Electric Circuit Breakers
Garage Spaces 4
Grossincome 51120
Heating Forced Air
High School District Wayzata
Insurance Expense 2988
Lender Owned No
Levels Two
Maintenanceexpense 1170
New Construction No
Operatingexpense 12431
Ownerpays Taxes, Insurance, Trash Collection, Snow Removal, Grounds Care
Property SubType Quadruplex
Property Type Residential Income
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Pending
Street Name Hamel
Subdivision Name Lutz Creek View
Tax Annual Amount 7503
Tax Year 2021
Tenant Pays Water, Electricity, Fuel, Cable TV
Total Units 4
Trash Expense 696
Water Sewer Expense 75
Year Built 1985
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 4160
Fireplace Y/N No
Fuel Natural Gas
Garage Dimensions 20x20
Garage Square Feet 1600
Living Area 4160
SQFT Above Ground Total 4160.00
SQFT Below Ground Total 480.00
SQFT Main Total 520.00
SQFT Total 4640.00
Street Suffix Road
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Foundationarea 520
Lot Dimensions 145x165x158x159
Lot Size Area 0.55
Lot Size Units Square Feet
Parking Features Tuckunder Garage
Road Frontage Type City Street
Road Responsibility Public Maintained Road
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 55340

Price
AVG $830K
$690K
Taxes
AVG $5,843
$7,503
Visits
AVG 54
16
Year Built
AVG 2014
1985

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