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Active Contingent
$399,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1960
2,344 sqft0.31 acres
White Bear Lake schools
MLS# 6520971
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    Property Description

    Nestled in the heart of White Bear Lake, 4796 Karen Place presents an exceptional opportunity for both investors and homeowners alike. This sought-after side by side duplex exudes warmth and character, offering comfortable living spaces and a prime location. Just steps from Podvin Park and within walking distance of downtown White Bear Lake, which offers dining, shopping, and more. Each unit features 2 bedrooms and 2 bathrooms and has been well maintained with updates that include newer Pella windows and a brand new roof! 4796 has recently been fully updated inside with fresh paint, flooring, countertops, and much more! While 1736 boasts a partially finished basement for additional living space and a potential 3rd bedroom. Whether you're looking to invest or occupy, this duplex offers excellent potential. Generate rental income from one unit while living in the other, or rent out both units for a lucrative investment, the opportunities are endless!

    Listing

    Contingency: Inspection
    Price per sq ft: $171
    City: White Bear Lake
    County: Ramsey
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55110
    Subdivision Name: Le Mire Add

    Interior

    Living Area: 2,344 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 1,664 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.31
    Geolocation: 45.086249, -93.027706
    Lot Dimensions: 95 x 140
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 624
    District Phone: 651-407-7500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $6,282
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $4,282
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,282

    Income

    Annual Gross Income: $33,180
    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

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    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 Red Key Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.