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Active
$1,050,000
/mo Edit
Condo/Townhome:  Quad/4 Corners
2 br2 baBuilt 1997
1,100 sqft7.87 acres
Pequot Lakes schools
MLS# 6413107
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    Property Description

    Looking for the opportunity to invest in a development? If so check out these various components for sale in the Carefree Cottages development in Crosslake as this would be a great opportunity for someone to rent current units and develop the land further. Included in the sale are 3 condos that are situated in different places throughout the development which feature 2 bedrooms, 2 baths, one level living, 1100 to 1200 finished square ft and an association fee of $220 per month per unit. All of these condos are currently being rented. Additionally included in the sale is an undeveloped 4 plex condo site with 4 garage stalls you can build to rent out or sell, 7 single stall garages already built, and a 7.35 acre parcel to the West of the development. This Carefree Cottage development is located right in the heart of Crosslake so it is minutes from the Crosslake Community Center, Crosslake pathways for biking or walking, great restaurants, various retail shops and premier golf courses.

    Listing

    Contingency: None
    Price per sq ft: $955
    City: Crosslake
    County: Crow Wing
    State: MN
    Property Style: Quad/4 Corners
    Zip Code: 56442
    Subdivision Name: Carefree Cottages Of Crosslake

    Interior

    Living Area: 1,100 ft2
    Common Wall: Yes
    Basement Details: Slab

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 22 x 14
    Garage Size: 308 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,100 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Shared Amenities: Other
    Road Frontage:
    • Cul De Sac
    • Paved Streets
    • Private Road
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: 2

    Lot & Land

    Acres: 7.87
    Geolocation: 46.6960782089, -94.0991256591
    Lot Dimensions: 264 x 1060 x IRR
    Addl Parcels: 14090560, 14090564
    Restrictions: Other
    Zoning: Residential-Multi-Family

    Schools

    School District: 186
    District Phone: 218-568-4996

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,053
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,128
    Association Fee Required: Yes
    Association Fee: $220
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Maintenance Grounds
    • Snow Removal
    • Trash
    • Water
    Association Company: Carefree Cottages of Crosslake
    Association Company Number: 218-821-6123

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System:
    • Private Sewer
    • Shared Septic
    • Tank with Drainage Field
    Water System:
    • Drilled
    • Shared System
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Larson Group Real Estate/Kelle.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.