3811 Restwood Road, Circle Pines, MN 55014 (MLS# 7077994)
$595,000
Circle Pines, MN 55014
MLS# 7077994
3328 sqft
1 / 12
Property Description
Great owner occupied building or good cash flow for an investor. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 595000
Original List Price: 595000
ListPrice: 595000
List Date: 2026-05-21
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1664
Above Ground SqFt: 3328
Total SqFt: 3328
Foundation Size: 1664
Style: (MF) Four Plex
Total Finished Sqft: 3328.00
Lot Dimensions: 75x200
Acres: 0.35
Assessment Pending: No
Location Tax and Other Information
House Number: 3811
Street Name: Restwood
Street Suffix: Road
Postal City: Circle Pines
County: Anoka
State: MN
Zip Code: 55014
Complex/Dev/Subdivision: Ottes Add To Lexington
Assessments
Tax With Assessments: 9910
Building Information
Finished SqFt Above Ground: 3328
Income and Expenses
Annual Gross Expenses: 17100
Annual Gross Income: 60480
Annual Net Income: 43380
Total Annual Expenses: 17100
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 35
Township#: 31
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
No. of Units Like This: 4
Total Rooms: 5
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned
Assumable Loan: Yes w/ Qualifying
Basement: None
Construction Materials: Frame
Construction Status: Previously Owned
Electric: Fuses
Existing Financing: FHA
Exterior: Aluminum Siding
Foundation: Concrete Perimeter
Fuel: Natural Gas
Heating: Boiler
Internet Options: Cable
Laundry: Laundry Closet; Main Level
Lock Box Type: Combo
Lot Description: Tree Coverage - Light
Owner Pays: Exterior Maintenance; Gas; Heat; Insurance; Lawn; Maintenance/Repair; Management; Pest Control; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Parking Lot; Paved Lot
Road Frontage: City Street; Paved Streets; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Assumable; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity; Hot Water
Water: City Water/Connected
Listing Office: Counselor Realty
Last Updated: May - 22 - 2026
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