Sold: Robbinsdale MLS# 5677991
Sold
$279,900 (list price)
$285,000
Multi-family: Duplex Up and Down
Built 1940
2,295 sqft•0.15 acres
Robbinsdale schools
MLS# 5677991
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Property Description
Duplex with excellent cash flow in quiet area of Robbinsdale! Great location just a block from North
Memorial Hospital, on a cul-de-sac, in a single-family neighborhood. Property also offers value-add
potential! 3-bedroom/2-bathroom upper unit, and 3-bedroom/1.5-bathroom in lower unit. Hardwood floors
in both units, private washer/dryer in both units, double garage, and fenced yard. Tenants pay their
own heat and electric. Owner pays only water and trash. The owner recently installed 2 new electrical
panels and 2 new water heaters. The upper unit is currently vacant and offers an opportunity for an
owner-occupied buyer to move in immediately. Lower unit is occupied and rented on a month-to-month
lease. Show upper unit only on first showings--lower unit can be shown with 24-48 hours notice. Great
cash-flow opportunity!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$279,900
Sold Price:
$285,000
Sold Date:
12/08/2020
Price per sq ft:
$122
Property Type:
Multi-family
City:
Robbinsdale
Garage Spaces:
2
County:
Hennepin
Year Built:
1940
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55422
Subdivision Name:
Glenwood Terrace
Interior
Finished Area:
2,295 ft2
Living Area:
2,295 ft2
Total Area:
2,295 ft2
Above Ground Area:
2,295 ft2
Basement Details:
- Full
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
1,239 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.15
Geolocation:
45.01636400, -93.32316900
Lot Dimensions:
Getting
Schools
School District:
281
District Phone:
763-504-8000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel, Cable TV
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$4,178
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,178
Land Lease Amount:
0
Income
Annual Gross Income:
None
Rent
Unit 1 Monthly Rent:
$1,350
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.