316 Olive Street
Waconia, MN 55387

Multi-Family
  • 2units
  • 4beds
  • 0.22acres
  • 2,031sq ft
$329,000
Est. P&I payment: $1256.56/mo
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Description for 316 Olive Street, Waconia, MN 55387
American Arts & Crafts duplex near shops & entertainment. Main level 2BR/1BA unit retains period style in natural woodwork, built-ins, & hardwood floors. Sunlit upper level 2BR/1BA features great room style living/dining, in-unit w/d, storage, deck & separate entry. Fabulous oversized double garage with one single door and one single tall door. Solid rental history. Separate utilities. Great owner-occupant opportunity! Seller will be re-roofing house and garages before closing.
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My Notes for MLS #4917584

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1917
  • Acres: 0.22
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 60x165
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Cement Board,​Fiber Board
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Detached Garage,​Driveway - Gravel,​Garage Door Opener
  • Garage Stalls: 2
  • Roof: Asphalt Shingles,​Pitched

Interior Features

  • Total Finished Square Footage: 2,031
  • Handicap Accessible: None
  • Basement: Full,​Drain Tiled,​Sump Pump,​Day/Lookout Windows,​Concrete Block,​Unfinished
  • Above Ground Finished SqFt: 2,031
  • Unit 1 Amenities: Deck,​Porch,​Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 11x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 11x12
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Separate/Formal Dining Rm
  • Unit 1 Dining Room Dimensions: 12x15
  • Unit 1 Dining Room Level: Main (Ground)
  • UNIT1_Ex-1 Dimensions: 6x21
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Porch
  • Unit 1 Kitchen Dimensions: 10x13
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 12x24
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Special Rooms: Main Floor Bedroom
  • Unit 1 Total Rooms: 6
  • Unit 1 Finished Square Footage: 1,131
  • Unit 2 Amenities: Porch,​Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 2 Bedroom 1 Dimensions: 10x12
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 9x11
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 three Quarter Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Living/Dining Room
  • Unit 2 Dimensions: 7x15
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Ex-1 Dimensions: 8x20
  • Unit 2 Ex-1 Level: Upper
  • Unit 2 Ex-1 Name: Deck
  • Unit 2 Ex-2 Dimensions: 7x12
  • Unit 2 Ex-2 Level: Upper
  • Unit 2 Ex-2 Name: Storage Room
  • Unit 2 Kitchen Dimensions: 10x11
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 11x15
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Parking Spaces: 2
  • Unit 2 Special Rooms: All Living Fac. on One Level
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 813

Utilities Features

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

Financial Features

  • Annual rent: 14,796
  • Annual Gross Income: 25,776
  • Unit 1 Monthly Rent: 1,233
  • Unit 2 Annual Rent: 10,980
  • Unit 2 Monthly Rent: 915
  • Tax Amount: 3,276
  • Tax With Assessments: 3,276
  • Tax Year: 2018
  • Tenant Expenses: Water/Sewer,​Electric,​Fuel,​Trash,​Snow,​Lawn,​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

  • Construction Status: Previously Owned
  • Foundation Size: 1,230
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No

Location

 
Street View Not Available
Directions to 316 Olive Street, Waconia, MN 55387
Highway 5 to Olive St, north to 316 on left.
The listing information for 316 Olive Street, Waconia, MN 55387 was graciously provided by our friends at the listing brokerage, Coldwell Banker Burnet

Get Financing for 316 Olive Street, 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 $1256.56
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Last Updated 04/24/2018 at 10:43pm
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