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Sold
Sold
$89,900  (list price)
$80,000
/mo   Edit
MLS# 5348015
Multi-family
Built 1895
1,440 fin sqft
East Central schools
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    Description:   Looking for a rental property? Here is a great investment opportunity! This duplex has an upper level and a main level unit, with great cash flow. The main level unit as 2 bed, 1 bath, and the upper level unit has 1 bed, 1 bath. New carpet has been installed throughout both levels. Located in town with both on and off street parking. There is a minimum of 24 hour notice for all showings. Come take a look!
    List Price: $89,900
    Sold Price: $80,000
    Sold Date: 05/01/2020
    Price/sq ft: $62
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1895
    City: Sandstone
    County: Pine
    State: MN
    Zip Code: 55072

    Interior

    Fin Sq Ft / Living Area: 1,440 ft²
    Above Ground Living: 1,440 ft²
    Below Ground Living: 0 ft²
    Basement Details: Full, Concrete Block

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,000 ft²
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Wood
    Garage Spaces: 0

    Lot

    Acres: 0.17
    Construction Status: Previously Owned
    Latitude: 46.13068600
    Longitude: -92.86314900
    Lot Size Dim.: 50x150
    Zoning: Residential-Multi-Family

    Schools

    School District: 2580 - East Central
    District Phone: 320-245-2289

    Expenses

    Annual Caretaker Expense: $300
    Annual Electric Expense: $600
    Annual Fuel Expense: $900
    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: $500
    Annual Repair Expense: $500
    Annual Gross Expense: $5,602
    Total Annual Expenses: $5,602
    Annual Trash Expense: $552
    Annual Water/Sewer Expense: $450
    Owner Expenses: Fuel, Trash

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $1,284
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,306

    Income

    Annual Gross Income: 16200.00

    Rent

    Unit 1 Monthly Rent: $550
    Unit 2 Monthly Rent: $800

    Unit

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff
    Zajac
    TruStone
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty