10408 Squaw Point Road
East Gull Lake, MN 56401
MLS #4914614

Multi-Family
  • 4units
  • 7beds
  • 0.56acres
  • 3,200sq ft
$925,000
Est. P&I payment: $3532.87/mo
10408 Squaw Point Road, East Gull Lake, MN 56401
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Description for 10408 Squaw Point Road, East Gull Lake, MN 56401
37 feet from the water & close to Ernie's on Gull Lake. 60 foot dock. Zoned Commercial. All four units have their own garage and separate breaker. Every room in each unit has it's own controller for heat. Unit 2 is rented year round for $1480/month. Unit 4 is rented year round for $1500/month. Unit 1 is rented June 1 to August 31 for $3300/month. Unit 3 is rented June 1 to August 31 for $3600/month. Contract for deed seller financing available. Rare Squaw Point opportunity to redevelop site!
MLS #4914614
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My Notes for MLS #4914614

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1985
  • Acres: 0.56
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Irregular Lot
  • Lot Dimensions: Irregular
  • Status: Active
  • Style: (MF) Quad/4 Corners

Exterior Features

  • Exterior: Wood
  • Road Frontage: City,​Paved Streets
  • Parking Characteristics: Detached Garage,​Uncovered/Open,​Driveway - Gravel
  • Lake/Waterfront - Y:N: 1
  • Waterfront Name: Gull Lake
  • Lake/Waterfront: Lake Front
  • Garage Stalls: 4
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 3,200
  • Handicap Accessible: None
  • Basement: Crawl Space
  • Above Ground Finished SqFt: 3,200
  • Unit 1 Amenities: Patio
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • Number of Unit: 4
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 2
  • Unit 1 Total Rooms: 4
  • Unit 1 Finished Square Footage: 655
  • Unit 2 Amenities: Patio
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Units: 3
  • Unit 2 Parking Spaces: 2
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 800
  • Unit 3 Amenities: Patio
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Number of Units: 3
  • Unit 3 Other Parking Spaces: 2
  • Unit 3 Total Rooms: 5
  • Unit 3 Finished Square Footage: 800
  • Unit 4 Amenities: Patio
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Number of Units: 3
  • Unit 4 Other Parking Spaces: 2
  • Unit 4 Total Rooms: 5
  • Unit 4 Finished Square Footage: 800

Utilities Features

  • Water: Well
  • Fuel: Electric
  • Heating: Baseboard
  • Unit 1 Appliances: Range,​Microwave,​Refrigerator,​Water Softener-Owned
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Microwave,​Refrigerator
  • Unit 3 Appliances: Range,​Microwave,​Refrigerator
  • Unit 4 Appliances: Range,​Microwave,​Refrigerator
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Gross Income: 76,153
  • Annual Electric Expense: 7,504
  • Annual Insurance Expense: 1,803
  • Annual Gross Expense: 23,697
  • Total Annual Expenses: 24,701
  • Annual Trash Expense: 668
  • Annual Water/Sewer Expense: 2,196
  • Tax Amount: 6,873
  • Tax With Assessments: 7,264
  • Tax Year: 2017

Community Features

  • Municipality: East Gull Lake
  • County: Cass
  • Postal City: Brainerd (MN)

School Features

  • School District: 181 - Brainerd
  • School District Phone: 218-454-6900

Misc Features

  • Amenities - Shared: Deck,​Coin-op Laundry Owned
  • Construction Status: Previously Owned
  • Foundation Size: 1,600
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 10408 Squaw Point Road, East Gull Lake, MN 56401
From 371, west on Gull Lake Dam Rd, right on Gull Point Rd, left on Squaw Point Rd to property on right.
The listing information for 10408 Squaw Point Road, East Gull Lake, MN 56401 was graciously provided by our friends at the listing brokerage, Source One Realty, LLC

Get Financing for 10408 Squaw Point Road, East Gull Lake, MN 56401

(Jane Johanns) Market Place Home Mortgage
Jane Johanns
13700 Reimer Drive N Ste 100
Maple Grove, MN 55311
(763) 432-4656 Office
(612) 868-9339 Mobile
(763) 201-9088 Fax
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P&I Payment $3532.87
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Last Updated 04/20/2018 at 1:04pm
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