About 417 Hunter Drive
HUGE PRICE REDUCTION - MOTIVATED SELLER. PRICE IS FIRM. Exceptional townhome development opportunity in the growing community of Watertown. This fully platted development consists of 12 individually platted townhome lots (12 separate PIDs) with 5 existing units and approvals for 7 additional units. The existing residences include four 2BR/2BA units and one 3BR/2BA unit, each offering 1,408 finished sq. ft., walkout lower levels, and attached two-car garages. Numerous capital improvements have been completed, including newer windows and entry doors, a roof approximately 9 years old, and many units featuring updated kitchens, HVAC systems, bathroom vanities, and flooring. Tenants pay all utilities, providing an attractive investment opportunity. The remaining 7 lots offer excellent development potential, with the southern three lots accommodating larger 22' x 48' building footprints and the northern four lots designed for expansive 22' x 66' footprints - allowing substantially larger townhomes than the existing units. Utilities are available in the street, reducing future development costs. A rare opportunity to acquire an income-producing asset with significant expansion potential.
Features of 417 Hunter Drive
| MLS® # | 7113000 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 10 |
| Bathrooms | 10.00 |
| Acres | 2.50 |
| Year Built | 1989 |
| Type | Commercial Sale |
| Status | Pending |
Community Information
| Address | 417 Hunter Drive |
|---|---|
| Subdivision | Sugarbush 2nd Add |
| City | Watertown |
| County | Carver |
| State | MN |
| Zip Code | 55388 |
Amenities
| Utilities | Electric Separate, Heating Separate |
|---|---|
| Parking | Parking Lot, Tuckunder Garage |
| # of Garages | 10 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Cedar, Stucco |
|---|---|
| Lot Description | Cleared, Corner Lot, Tree Coverage - Medium, Zero Lot Line |
| Roof | Age Over 8 Years |
| Construction | Block, Frame |
School Information
| District | Watertown-Mayer |
|---|
Additional Information
| Days on Market | 63 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Dane Arthur Real Estate Agency |
|---|