460 Broadway ST E new

New Germany,MN 55367

$ 410000

- Bed

- Bath

4652 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,652 sqft

Price per Sqft $88

Subdivision City Lts Of New Germany

MLS Listing ID 6727748

Year Built 1911

Annual Tax Amount $4,914

Tax Year 2024

Lot Size 0.380 Acres

Property Sub-Type Quadruplex

Property Description

Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with LVP or refinished hardwood floors, new laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community.

Location

State MN

County Carver

Zoning Residential-Multi-Family

Rooms

Family Room Other

Interior

Heating Baseboard,Forced Air

Exterior

Parking Features Open

Fence None

Roof Type Asphalt,Metal

Building

Lot Description Irregular Lot

Story Two

Foundation 3944

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District Waconia

Others

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