Listed By
Agency Name: Dane Arthur Real Estate Agency
Agency Phone: 218-692-6003
Shown By
Agent Name: Chris Gemlo, Broker
Agent Phone: (612) 990-9595
Agency Title: Counselor Realty
Exceptional townhome development opportunity in the growing community of Watertown. This fully platted development consists of 12 individually platted townhome lots (12 separate PIDs) with 5 existing units and approvals for 7 additional units. The existing residences include four 2BR/2BA units and one 3BR/2BA unit, each offering 1,408 finished sq. ft., walkout lower levels, and attached two-car garages. Numerous capital improvements have been completed, including newer windows and entry doors, a roof approximately 9 years old, and many units featuring updated kitchens, HVAC systems, bathroom vanities, and flooring. Tenants pay all utilities, providing an attractive investment opportunity. The remaining 7 lots offer excellent development potential, with the southern three lots accommodating larger 22' x 48' building footprints and the northern four lots designed for expansive 22' x 66' footprints - allowing substantially larger townhomes than the existing units. Utilities are available in the street, reducing future development costs. A rare opportunity to acquire an income-producing asset with significant expansion potential.
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Estimated Payment
$ 10,007.88 per month $8,489.26 Principal & Interest $1,053.42 Property Tax $465.21 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
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409 Hunter Drive | MLS# 7106083
This condo located at 409 Hunter Drive, Watertown, MN 55388 is currently listed for sale with an asking price of $1,595,000. This property was built in 1989 and has 2 bedrooms and 1 full baths with 1408 sq. ft. Hunter Drive is located in the Sugarbush 2nd Add subdivision within the Watertown-Mayer school district. Search Sugarbush 2nd Add real estate on cgemlo.counselorrealty.com today.