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Sold
Sold
$279,900  (list price)
$285,000
/mo   Edit
MLS# 5677991
Multi-family
Built 1940
2,295 fin sqft
Robbinsdale schools
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    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!
    List Price: $279,900
    Sold Price: $285,000
    Sold Date: 12/08/2020
    Price/sq ft: $122
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1940
    City: Robbinsdale
    County: Hennepin
    State: MN
    Zip Code: 55422

    Interior

    Fin Sq Ft / Living Area: 2,295 ft²
    Above Ground Living: 2,135 ft²
    Below Ground Living: 160 ft²
    Basement Details: Full, Partially Finished

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,239 ft²
    Handicap Accessible: None
    Exterior Material: Vinyl Siding
    Garage Spaces: 2
    Roof Details: Asphalt

    Lot

    Acres: 0.15
    Latitude: 45.01636400
    Longitude: -93.32316900
    Lot Size Dim.: Getting
    Dev/Complex Name: Glenwood Terrace

    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
    Assessment Pending: No
    Taxes w/ Assessments: $4,178

    Income

    Annual Gross Income: None

    Rent

    Unit 1 Monthly Rent: $1,350

    Unit

    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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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jeff
    Zajac
    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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    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.