460 Broadway Street E, New Germany, MN 55367

$350,000
10
BD
4
BA
4,652
SqFt

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Sold Price
$350,000
List Price
$360,000
Closing Date
Oct 15, 2025
MLS#
6782242
Status
CLOSED
Type
Multifamily
Style
(MF) Four Plex
Bedrooms
10
Bathrooms
4
Living Area
4,652
Acres
0.38
Subdivision
City Lts Of New Germany
Year Built
1911

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 laminate flooring or refinished hardwood floors, 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. Complete tear off and reroof of asphalt shingles 8/2025, and a membrane roof replacement 8/2025, as well as a new water heater 8/2025.

Additional Information

School District
Waconia
Amenities Shared
Laundry, Coin-op Laundry Owned, Porch
Tax Year
2024
Fencing
None
Fuel
Electric, Natural Gas
Lot Description
Irregular Lot
Sewer
City Sewer/Connected
Roof
Asphalt, Metal
Shared Rooms
Other
Heating
Baseboard, Forced Air
Water
City Water/Connected
Basement
Crawl Space, Partial, Concrete
Parking
Open

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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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