201 W 2nd Street, Waconia, MN 55387
201 W 2nd Street

201 W 2nd Street

201 W 2nd Street, Waconia, MN


  • 0.19 Sq.Ft. Lot
  • 3,423 Sq.Ft. Living
  • 1954 Year Built
  • Sold Status
  • 6147674 MLS® ID
Incredible investor opportunity in downtown Waconia! This beautiful, well-maintained property has not been available for 50 years! Major remodel took place around 1978- all plaster came down and replaced with sheetrock. Effective year built is 1978. Owners lived in the largest 3 BD/2BA unit which is not reflected on the rental income. Each unit has a modern feel and includes a stove, microwave, refrigerator and private washer/dryer units! 2 stall garage plus 7 other designated parking spots with electric plug ins for winter. Large patio in back for residents to share and grill out. Tenants pay for their own electric and landlord pays for water, garbage and heat which is a boiler. There is an option to easily change up the floor plan if desired. The large unit could be converted to a 2 bd/2 ba and the garden level unit could become a 2 bd. Located across street from library,1-2 blocks from restaurants and shopping and 3 blocks to Lake Waconia. HIGH rental demand in this area!!
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Features and Amenities

Area & Lot

  • Status Sold
  • Living Area3,423 Sq.Ft.
  • Lot Area0.19 Sq.Ft.
  • MLS® ID6147674
  • TypeMulti-Family
  • YEAR BUILT1954
  • School DistrictWaconia


  • Garage Spaces2.0
  • Water SourceCity Water/Connected
  • roofAsphalt
  • lot featuresCorner Lot, Tree Coverage - Light
  • parkingDetached, Shared Driveway, Electric, Open
  • HEAT TYPEBoiler, Hot Water
  • sewerCity Sewer/Connected
  • Disability FeaturesGrab Bars In Bathroom, Other
  • HOA AmenitiesPatio


  • Sales Price$460,000
  • Real Estate Tax $3,828/yr


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