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Jaren Johnson Realty Group

Forest Lake, Minnesota
Real Estate Team
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Listing 10 out of 73
$599,000 For Sale

967 1st Street SE
Forest Lake, MN 55025

3 units | Multi Family Home
13068 sq ft lot - MLS# 5257158
Property Photo


Fully rented triplex with 3 one-level units. Each is 2BR/2BA with 2-car garages. Very new - built in 2014. High-demand one-level slab side x side units within walking distance of downtown and lakes, parks, shopping etc. Great investment opportunity in growing Forest Lake . Easy access to Mpls or St.Paul. 8-Plex next door is also for sale for $995,000 for a total of 11 possible 1-level units all in one easy to manage location. Not many of these high demand style units available for rental investors. 24-48 hour notice minimum for all showings.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Washington County
  • Zip Code: 55025
  • Year Built: 2014
  • Subdivision/Neighborhood: Beards Add
  • School District: 831 - Forest Lake
  • Sq.Ft.: 3,336 sq ft
  • Style: (MF) Triplex
  • Units: 3 units
  • Bedrooms: 6
  • Full Baths: 6
  • Basement: Slab
  • Garage: Attached, Door Opener, 6-Car
  • Lot Size: 13068 sq ft lot
  • Accessibility: No Stairs Internal,No Stairs External
  • Baths: 6
  • Above Ground Finished Sq: 3336
  • Annual Gross Expense: 6747.00
  • Annual Gross Income: 45600.00
  • Annual Insurance Expense: 1937
  • Annual Maintenance Expen: 300
  • Annual Trash Expense: 446
  • Construction Status: Previously Owned
  • Exterior: Metal, Vinyl
  • Foundation Size: 3616
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Lot Description: Tree Coverage - Light
  • Lot Dimensions: 100x130
  • Number Of Ranges: Three
  • Number Of Refrigerators: Three
  • Parking Characteristics: Driveway - Asphalt, Attached Garage, Garage Door Opener
  • Postal City: Forest Lake (Mn)
  • Road Frontage: City, Paved Streets
  • Roof: Pitched, Asphalt Shingles, Age 8 Years Or Less
  • S Qf T Above Ground Total: 3616.00
  • S Qf T Main Total: 3336.00
  • S Qf T Total: 3616.00
  • Sewer: City Sewer/Connected
  • Tenant Expenses: Water/Sewer, Electric, Fuel, Cable T.v., Broadband
  • Total Annual Expenses: 6747
  • Water: City Water/Connected
  • Zoning: Residential-Multi-Family
Courtesy of Realty Executives Top Results

Jaren Johnson Realty Group
Forest Lake, MN 55025
Phone: 651-419-8400

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Simply amazing!! I did not want to go through the stress of using a realtor, but Megan took all my worries away. She allowed me to go at my own pace and was always there for me. primer99 99
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