Map
Listed price in listed location currency (USD).
$1,595,000

212

MLS® 7106083

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 1408 sqft
Garage Yes
Taxes $12,641
Days Active 3
Lot Size 1056 SF
Approx. Age 1989
Avg. Price Per Sqft $1,132
MLS® Number 7106083

Property Address: 409 Hunter Drive, Watertown, MN, 55388

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number7106083
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1989
BasementBlock, Single Tenant Access
DrivewayParking Lot, Tuckunder Garage
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Rooms

Living Room:Main Floor19 × 15 ft
Utility Room:Lower Level10 × 17 ft
Kitchen:Main Floor12 × 10 ft
Bedroom 2:Upper Level14 × 12 ft
Other:Upper Level17 × 14 ft
Dining Room:Main Floor12 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$1,595,000List Price
  • Commute

Commute

Starting Address
Destination Address
409 Hunter Drive, Watertown, MN

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