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For Sale:  Crystal MLS# 6793457

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Active NEW!
$649,000
/mo Edit
Multi-family:  Four Plex
Built 1960
3,472 sqft • 0.3 acres
Robbinsdale schools
MLS# 6793457
763-576-8286
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    Property Description

    Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13, 000 SF] – and literally just steps to Twin Oaks Park. Recent updates include a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add’l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $649,000
    Price per sq ft: $187
    Property Type: Multi-family
    City: Crystal
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1960
    State: MN
    Property Style: Four Plex
    Zip Code: 55429
    Subdivision Name: Twin Oak Terrace

    Interior

    Finished Area: 3,472 ft2
    Living Area: 3,472 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Daylight/Lookout Windows
    • Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Foundation Size: 1,736 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Unassigned
    Shared Amenities:
    • Coin-op Laundry Owned
    • Patio
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.3
    Geolocation: 45.053489, -93.345176
    Lot Dimensions: 176 x 74
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 281
    District Phone: 763-504-8000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,200
    Annual Fuel Expense: $350
    Annual Insurance Expense: $4,000
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: None
    Annual Trash Expense: $700
    Annual Water/Sewer Expense: $1,600
    Tenant Expenses: Cable TV, Gas, Other

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,407
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,407

    Income

    Annual Gross Income: None
    Misc. Annual Income: $2,400
    Misc. Monthly Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of BRIX Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.