Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-253-5600
Shown By
Agent Name: Tim & Amy Jokinen, The Jokinen Team
Agent Phone: (612) 910-3677
Agency Title: Counselor Realty
Property Description
Turnkey Duplex Steps from Downtown Waconia!Welcome to 340 Olive St, a beautifully updated two-unit property just blocks from Waconia's charming downtown ? shops, restaurants, Lake Waconia, and community events all within easy walking distance. This is a rare opportunity to own a fully renovated multifamily home with immediate cash flow and flexibility for an owner-occupant or investor.The main-level unit is a spacious 2BR/2BA currently leased at $1,793/month total (rent + utilities/pet fees), generating reliable income from day one. Recent upgrades include fresh paint, new trim, updated bathroom with new flooring and vanity, electric radiant heaters, a converted den now used as a bath, an added bedroom, new sub-panel, spray foam insulation, a full re-pipe to PEX, new LVP flooring throughout the kitchen and entry, a new water softener, and more ? nearly every major system and finish has been touched since 2023.The upper unit (340 ½) just became available, offering a fantastic opportunity to set market rent or move in yourself. This unit has refinished hardwood floors, quartz kitchen countertops, all-new stainless appliances, an updated kitchen sink and disposal, new LVP flooring and a newer flat roof membrane.Landlord-paid water and gas average just $150/month, keeping expenses predictable.Don't miss the Open House Thursday, 7/16 from 5?7 PM. Properties like this, with this level of care and updates in this location, don't last long.
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340 S Olive Street, Waconia, MN 55387
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$ 2,032.95 per month $1,591.40 Principal & Interest $354.33 Property Tax $87.21 Homeowner's InsuranceChange Payment Information
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340 S Olive Street, Waconia, MN 55387
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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340 S Olive Street | MLS# 7109091
This multi-family property located at 340 S Olive Street, Waconia, MN 55387 is currently listed for sale with an asking price of $299,000. S Olive Street is located within the Waconia school district. Search Waconia real estate on tjokinen.counselorrealty.com today.