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$484,900  (list price)
$500,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1964
2,475 sqft0.31 acres
Orono schools
MLS# 5750122
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    Property Description

    ****RARE INVESTMENT OPPORTUNITY****  Each side of this well maintained duplex features 3 large bedrooms, 2 bathrooms, 1 car attached garage, eat-in kitchen, & wood burning fireplace.  New roof, new gutters will be installed soon, updated windows, furnaces, a/c units, & water heater.  Each unit has its own walkout patio, & separate backyards. This property backs up to the Long Lake City Trail which connects to the Luce Line Trail.  Orono school district.  Located near lakes, beaches, parks, walking/bike trails, shopping, restaurants, & Hwy 12.  Come & enjoy everything this property has to offer!

    Listing

    Contingency: None
    Price per sq ft: $196
    City: Long Lake
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55356
    Subdivision Name: Dunbrack Heights

    Interior

    Living Area: 2,475 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Three Level Split
    Garage Spaces: 2
    Garage Dimensions: 26x24
    Garage Size: 624 ft2
    Foundation Size: 1,456 ft2
    Foundation Dimensions: 53x30
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.31
    Geolocation: 44.98253600, -93.55492600
    Lot Dimensions: 150 x 90 x 149 x 90
    Zoning: Residential-Single Family

    Schools

    School District: 278
    District Phone: 952-449-8305

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $5,376
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,376
    Land Lease Amount: 0

    Income

    Annual Gross Income: $34,260
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.