For Sale: New Brighton MLS# 6820156
Active
NEW!
$449,900
Multi-family: Other
Built 1979
2,766 sqft • 0.29 acres
Mounds View schools
MLS# 6820156
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Property Description
Great investment opportunity! Side by side duplex in a prime New Brighton location with the opportunity to move in as an owner occupied or keep it as a long term rental property. Current rents are below market at $1, 200 per month on the left side and $1, 400 on the right side. Rents can easily be increased with cosmetic improvements. Quick access to local shopping, parks, trails and Moundview schools. Newer mechanicals in both units.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,900
Price per sq ft:
$163
Property Type:
Multi-family
City:
New Brighton
Garage Spaces:
2
County:
Ramsey
Year Built:
1979
State:
MN
Property Style:
Other
Zip Code:
55112
Interior
Finished Area:
2,766 ft2
Living Area:
2,766 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Finished
- Full
Exterior
Stories:
Three Level Split
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
2,766 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Garage Door Opener
Shared Amenities:
Patio
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.29
Geolocation:
45.086329, -93.22155
Lot Dimensions:
143 x 88
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Some Trees
Schools
School District:
621
District Phone:
651-621-6001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,300
Annual Maintenance Expense:
None
Annual Gross Expense:
$10,100
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$600
Tenant Expenses:
Cable TV, Electricity, Fuel, Janitorial Service, Grounds Care, Snow Removal, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,448
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,448
Income
Annual Gross Income:
$31,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of RE/MAX Results.
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.