180 Saint Croix Trail N, Lakeland, MN

Tri-Plex investment opportunity at 180 Saint Croix Trail N! Ideally located and thoughtfully updated, this solid concrete block triplex blends everyday convenience with the tranquility of nature—making it a smart opportunity for both investors and owner-occupants. Just minutes from the charming downtowns of Stillwater, Hudson, and Afton, and with quick access to I-94, you're only 15 minutes from St. Paul and 30 minutes from the Mall of America. Units 1 and 2 have been refreshed with new flooring, baseboards, paint, fixtures, and blinds. Unit 2 features a fully renovated kitchen with updated appliances and a completely gutted and remodeled bathroom with new tile, vanity, fixtures, and toilet. In-unit laundry was added to both Units 1 and 2, offering added convenience for tenants. A brand-new electric panel was recently installed, adding tremendous value and peace of mind. The building’s boiler heating system and concrete block construction provide year-round comfort at a low operating cost—holding heat in the winter and keeping interiors cool in the summer. Tenants should be responsible for utilities and pay additional rent for garage usage. Outdoor enthusiasts will appreciate the proximity to Belwin Conservancy, Afton Alps, Afton State Park, and the St. Croix River, with marinas and boat launches just 2 minutes away. With its unbeatable location, durable construction, and smart upgrades, this triplex is the perfect blend of function, lifestyle, and income potential.