$ 555,000
-
$555,000
Price -
3
Bed -
4
Bath -
3,696
SqFt -
0.23
Acre
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About the Listing 21589 - 502038953,9999
Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1848
- Below Ground Sq Ft: 1848
- Basement: Finished,Full
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Irregular Lot,Tree Coverage - Medium
- Garage Capacity: 4 car
- Lot Dimensions: 69x140
- Zoning: Residential-Multi-Family
- Roof: Age 8 Years or Less,Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Attached Garage,Concrete,Garage Door Opener
Financial Details
- Tax Amount: $5,758
- Taxes w/Assessments: N/A
- Tax/Property ID: 0903221330127
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1082 5th St SE Forest Lake, MN 55025
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