About 3811 Restwood Road
Great building for owner occupant or good cash flow for an investor. For an owner occupant this huge low interest rate assumable FHA loan with just about 23 years left on it can save huge money per year vs todays interest rates and pays down the principle much faster with this fixed rate loan with 7 years or so already paid down on it. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.
Features of 3811 Restwood Road
| MLS® # | 7077994 |
|---|---|
| Price | $595,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,328 |
| Acres | 0.35 |
| Year Built | 1984 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 3811 Restwood Road |
|---|---|
| Subdivision | Ottes Add To Lexington |
| City | Circle Pines |
| County | Anoka |
| State | MN |
| Zip Code | 55014 |
Amenities
| Amenities | Coin-op Laundry Owned |
|---|---|
| Parking | Asphalt, Parking Lot, Paved Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Aluminum Siding |
|---|---|
| Lot Description | Tree Coverage - Light |
| Roof | Age Over 8 Years |
| Construction | Frame |
School Information
| District | Centennial |
|---|
Additional Information
| Days on Market | 146 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Counselor Realty |
|---|