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For Sale:  Robbinsdale MLS# 7024276

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Active NEW!
$425,000
/mo Edit
Multi-family:  Duplex Side by Side
7 br • 2 ba • Built 1960
3,367 sqft • 0.18 acres
MLS# 7024276
763-576-8286
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    Property Description

    The side by side duplex your portfolio has been looking for! Huge units including a recently renovated 4 bed unit on one side with a large 3 bed unit on the other side. Currently both are rented out for $2, 058.50/MO and $1750/MO for a total of almost $46k of income per year. Both tenants pay ALL utilities, including lawn and snow removal making this a hands off investment. Down the road from North Memorial makes this a great midterm rental play in the future, and quick access to MPLS means tons of tenant demand for long term tenants. Backyard has plenty of off street parking and borders a great park and playground!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $425,000
    Price per sq ft: $126
    Property Type: Multi-family
    City: Robbinsdale
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1960
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55422
    Subdivision Name: Opportunity Terrace Robbinsdale

    Interior

    Bedrooms: 7
    Bathrooms: 2
    Finished Area: 3,367 ft2
    Living Area: 3,367 ft2
    Refrigerators: One Per Unit
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,782 ft2
    Foundation Dimensions: 55x33
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Exterior Material: Block
    Pool: None

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • In Unit
    • Washer Hookup

    Lot & Land

    Acres: 0.18
    Geolocation: 45.013014, -93.331634
    Lot Dimensions: 1250 x 630
    Zoning: Residential-Multi-Family
    Lot Description: Property Adjoins Public Land

    Schools

    School District: 1271
    District Phone: 7635048000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,848
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,848

    Income

    Annual Gross Income: $45,702

    Units

    Total Units: 2

    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 Keller Williams Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.