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$89,900  (list price)
/mo   Edit
MLS# 5348015
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


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


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


    Acres: 0.17
    Construction Status: Previously Owned
    Latitude: 46.13068639
    Longitude: -92.86314851
    Lot Size Dim.: 50x150
    Zoning: Residential-Multi-Family


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


    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


    Annual Gross Income: $16,200


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


    Total Units: 2


    Fuel System: Natural Gas
    Homestead: No
    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
    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.

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.