What a fabulous opportunity to own a large parcel on a premier area lake. This property consists of 2 buildings housing 10 apartments. Six 1 bedroom, three 2 bedroom and one studio. The large 2 bedroom apartment in the house building also has a den. There are 8 garage spaces included along with a 36x120 foot storage building for seasonal storage income. This property is 2.8 acres with 216 feet of some of the best shoreline in the area on desirable Cedar Lake. There is a shared coin operated laundry for the tenants and a fantastic level lakeside yard to enjoy the lake life. The property has 2 docks, a wonderful view down the whole lake, nice hard bottom great for swimming. Building 1 (House) is 28x57. Building 2 (Barn) is 26x90. The 7 stall garage is 26x70. This is a great piece of property!! Minimum 24 hour notice for showings, prefer 48 hour notice. Listing agent or owner will attend all showings.
The median home value in Annandale, MN is $404,900. This is higher than the county median home value of $330,400. The national median home value is $338,100. The average price of homes sold in Annandale, MN is $404,900. Approximately 70.56% of Annandale homes are owned, compared to 26.2% rented, while 3.24% are vacant. Annandale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Annandale real estate agent to arrange a tour today!
Annandale, Minnesota has a population of 3,323. Annandale is less family-centric than the surrounding county with 25.35% of the households containing married families with children. The county average for households married with children is 42.07%.
The median household income in Annandale, Minnesota is $48,750. The median household income for the surrounding county is $94,276 compared to the national median of $69,021. The median age of people living in Annandale is 43.1 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 2.3 degrees. The average rainfall is approximately 30 inches per year, with 42.7 inches of snow per year.