For Sale: Mound MLS# 7082503
Active
NEW!
$750,000
Multi-family: Duplex Side by Side
4 br • 4 ba • Built 1912
2,188 sqft • 0.29 acres
Westonka schools
MLS# 7082503
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Property Description
Once-in-a-lifetime lakefront opportunity — duplex properties on the water are virtually unheard of, and this gem on Lake Langdon checks every box. With approximately 60 feet of pristine lakefront, your own private dock, and individual screened-in patios off each unit overlooking the water, the lifestyle this property offers is truly unmatched. It also is in walking distance to tons of parks and beaches, Surfside Bar and Grill, Caribou Coffee, Back Channel Brewing and so much more!
Both units have been nicely renovated and feature 2 bedrooms and 2 bathrooms, granite countertops, stainless steel appliances, and quality finishes throughout. Enjoy stunning views of the lake right from inside each unit — whether you're cooking in the kitchen or relaxing in the living room, the scenery never gets old. Step outside onto your own private deck for even more of that gorgeous lakefront backdrop. Shared laundry is conveniently located on the lower level.
Unit 2629 boasts a finished attic space — currently used as a bonus room and perfect for a home office, playroom, or additional sleeping area (not counted in the bedroom total). The attic on the opposite unit offers exciting potential to finish for added square footage and even more usable living space.
The income potential here is proven — unit 2627 was previously rented by the current owners for $3, 000/month. There is no rental license required, which is an added perk. Live in one unit and let the other help pay your mortgage, or lease both and maximize your return on this rare lakefront asset. Opportunities like this simply do not come along. Don't let it slip away.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Price per sq ft:
$343
Property Type:
Multi-family
City:
Mound
Garage Spaces:
0
County:
Hennepin
Year Built:
1912
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55364
Subdivision Name:
Sunset View Villa
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,188 ft2
Living Area:
2,188 ft2
Basement Details:
Walkout
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
1,067 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Ductless Mini-Split
Roof Details:
- Asphalt
- Pitched
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake, Panoramic
Waterfront:
Lake Front
Lot & Land
Acres:
0.29
Geolocation:
44.930562, -93.670306
Lot Dimensions:
123 x 132 x 20 x 110 x 121 x 84 x 40 x 24
Schools
School District:
277
District Phone:
9524918001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,500
Annual Fuel Expense:
$300
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
$500
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,884
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,884
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Financially Free, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.