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Active
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$439,999
/mo   Edit
MLS# 5332548
Multi-family
Built 1919
3,412 fin sqft
Shakopee schools
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    Description:   Charming duplex sits on nearly a ½ acre and is surrounded by single family homes.Home was renovated in 2011, is well maintained, full of character and natural light. Has an oversized double garage, on-site parking, separate and updated utilities: Home 531: 4 beds, 2 bath. Home 533: 2 beds, 1 bath. Both homes are rented thru 7-31-2020 & 8-31-2020. Upper: 531 has four beds, two full baths, nearly 2, 400 sf living space, 9 ft ceilings on the main. Dining area has a true bay window, original built-in hutch, and is open to living area. There is a large tiled, eat-in kitchen with maples cabinets, S.S. appliances, finished porch, private deck, ‘mudroom'. The upper floor of 531 has a great master suite with an en suite, double sinks, laundry, huge walk-in closet, fourth bedroom, and storage. Garden level: 533 has two beds, a full bath, 1000 sf, separate vestibule/ entrance, washer and dryer, generous kitchen with maple cabinets, SS appliances, dining, living areas, and large closets.
    List Price: $439,999
    Price/sq ft: $129
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1919
    City: Shakopee
    Zip Code: 55379

    Interior

    Fin Sq Ft / Living Area: 3,412 ft²
    Above Ground Living: 2,367 ft²
    Below Ground Living: 1,045 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full, Finished (Livable), Day/Lookout Windows, Egress Windows, Concrete Block, Poured Concrete

    Exterior

    Heating System: Forced Air, Baseboard
    Foundation Size: 1,245 ft²
    Shared Amenities: Deck, Porch, Concrete Floors & Walls
    Road Frontage: City, Paved Streets, Curbs
    Handicap Accessible: None
    Exterior Material: Metal, Vinyl
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Age 8 Years or Less

    Lot

    Acres: 0.436
    Construction Status: Previously Owned
    Lot Description: Corner Lot, Tree Coverage - Light
    Latitude: 44.79043500
    Longitude: -93.51750500
    Lot Size Dim.: 113 x 170
    Zoning: Residential-Single

    Schools

    School District: 720 - Shakopee
    District Phone: 952-496-5006

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,781
    Annual Maintenance Expense: $150
    Annual Repair Expense: $100
    Annual Gross Expense: $5,687
    Total Annual Expenses: $5,687
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: Taxes, Insurance, Maintenance/Repair
    Tenant Expenses: Water/Sewer, Electric, Fuel, Maintenance/Repair, Trash, Snow, Lawn, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $3,656
    Assessment Pending: No
    Taxes w/ Assessments: $3,656

    Income

    Annual Gross Income: 32400.00

    Rent

    Unit 1 Monthly Rent: $1,725
    Unit 2 Monthly Rent: $975

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas, Electric
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
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