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Sold:  Newport MLS# 5741967

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Sold
$289,000  (list price)
$255,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1979
1,800 sqft • 0.18 acres
South Washington County schools
MLS# 5741967
763-576-8286
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    Property Description

    If you are looking for a great investment property, or your first home in a neighborhood setting, this duplex offers you both. Live up, rent lower, or lese both units. Each unit has a garage stall w/garage door opener. Shared laundry area. All appliance included. There is plenty of room to plant a garden. District 833 School District. East Ridge high school. Easy freeway access. Great rental history. Electric updated in 2016. New water heaters. Lots of potential!

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $289,000
    Sold Price: $255,000
    Sold Date: 08/09/2021
    Price per sq ft: $161
    Property Type: Multi-family
    City: Newport
    Garage Spaces: 2
    County: Washington
    Year Built: 1979
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55055
    Subdivision Name: Red Rock Villas

    Interior

    Finished Area: 1,800 ft2
    Living Area: 1,800 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 624 ft2
    Foundation Size: 988 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Radiant
    Parking Features:
    • Asphalt
    • Detached
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.18
    Geolocation: 44.8769585071, -93.0053704051
    Lot Dimensions: 60 x 133
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 833
    District Phone: 651-425-6300

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,062
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,062
    Land Lease Amount: 0

    Income

    Annual Gross Income: $19,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.