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371 water

Excelsior, MN 55331

$1,500,000

6 BEDS 5-Full BATHS
0.43 AC LOT
Residential - Single Famiy
Image 1
Bedrooms 6
Total Baths 5
Full Baths 5
Acreage 0.44
Status Off Market
MLS # 5730388
County Hennepin
More Info
Category Residential - Single Famiy
Status Off Market
Acreage 0.44
MLS # 5730388
County Hennepin
This is a rare opportunity to live and/or work in the heart of the Excelsior village at the Bird House Inn property which is currently operating as a VRBO/Bed & Breakfast hybrid. Revenue from whole house rentals is on average 10\\% more than revenue generated from full occupancy in the B&B model. Structures include a 6 bed, 5 bath, 3,000 sq ft B&B structure built in 1858 and a 3 bed, 1 bath, 1,300 sq ft cottage built in 1990. The cottage is currently used as an owner's residence and includes a 2 car, attached, heated garage. All of this is set on a beautiful, private, .44 acre lot along prime, historic Water Street with an abundance of flat, green space and off street parking for up to 17 vehicles. The property has been vigorously maintained and extensively improved by the current owners. Improvements to the B&B structure include a new foundation, a new 1" water main, new 100 amp service and renovated bathrooms with heated floors and high end finishes. The cottage was renovated in 2015.
Location not available

Exterior Features

  • Construction single family residence
  • Siding Wood Siding
  • Exterior Guest House
  • Roof Asphalt,Age Over 8 Years
  • Garage Yes
  • Garage Description Detached,Asphalt,Insulated Garage,Heated Garage,Paved,RV Access/Parking,Floor Drain
  • Water City Water/Connected
  • Sewer City Sewer/Connected
  • Lot Dimensions 100 X 184
  • Lot Description Corner Lot, Tree Coverage - Medium

Interior Features

  • Appliances Range, Microwave, Dishwasher, Refrigerator, Disposal, Washer, Dryer
  • Heating Hot Water
  • Cooling Central Air
  • Basement Unfinished,Full
  • Fireplaces 1
  • Fireplaces Description Living Room,Family Room,Gas,Other,Master Bedroom
  • Year Built 1858

Financial Information

  • Parcel ID 3411723140071
  • Zoning Business/Commercial

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