520 Park Island Road
Center City, MN 55012
- – beds
- – baths
- 2,500 sqft
- $225 per sqft
- 1958 build
- – on site
More homes
A Lucrative Investment Opportunity: Two Homes in One PID with Lake Shore This property has not one, but two houses - a 3BR 2BA and a 1BR 1BA - that have been earning an impressive $65K/year on Airbnb and VRBO. Located at the end of a point, this unique property boasts 390 feet of lake shore, with around 200 feet facing the main lake featuring a dock and sandy beach. The homes have been updated with new roofs, gutters, air conditioning, and flooring in the 3-bedroom unit, as well as a renovated bathroom. The seller is open to a contract for the deed. Don't miss out on this opportunity, schedule a showing today!
Listing courtesy of NORTHSTAR / Jill Warner / National Realty Guild
Last checked:
Checking…
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Last updated Mar 1, 2024
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MLS# 6453628 —
The Building
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Year Built:1958
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New Construction:false
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Age Of Property:66
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Construction Materials:Metal Siding
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Construction Materials Desc:Frame
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Roof:Age 8 Years or Less
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Accessibility Features:None
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Levels:One
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Main Level Finished Area:2500.0000
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Basement:Block, Crawl Space
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Basement:true
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Foundation Area:2200
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Above Grade Finished Area:2500
Room Dimensions
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Living Area:2500
Location
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Directions:I-35 to Forest Lake - Exit 132 to Hwy 8. Hwy 8 to Center City to Park Island Road (across Hwy 8 from Swenson Lakehouse).
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Latitude:45.389364
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Longitude:-92.8168
The Property
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Parcel Number:120003700
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Duplex Other
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Additional Parcels:false
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Lot Features:Accessible Shoreline, Irregular Lot
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Lot Size Area:0.66
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Lot Size Dimensions:247 x 281 x 200
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Lot Size Units:Acres
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Topography:Level
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Lake Chain:Y
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Lake Chain Name:Chisago Lakes
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Lake Chain Acreage:5357
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Lake Acres:835
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Lake Depth:109
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Water Body Name:South Center
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Waterfront Feet:390
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Road Between Waterfront and Home:No
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Road Frontage Type:City Street
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Road Responsibility:Public Maintained Road
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Fencing:Partial
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (320) 279-3212
- Office phone:
- (651) 330-8001
Taxes
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Tax Year:2023
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Tax Annual Amount:5479
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Tax With Assessments:5530.0000
Heating & Cooling
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Heating:Forced Air
Utilities
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Electric:Circuit Breakers
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Two
Schools
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High School District:Chisago Lakes
The Community
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Waterfront:true
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Waterfront Features:Lake Front
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Assessment Pending:Unknown
Parking
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Parking Features:Gravel
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/1/24
Mar 1, 2024
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Sold | NORTHSTAR | $563,000 | -5.4% |
1/26/24
Jan 26, 2024
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Pending | NORTHSTAR | $595,000 | |
12/16/23
Dec 16, 2023
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Price Changed | NORTHSTAR | $595,000 | -0.4% |