For Sale: Fridley MLS# 6523592
Active
$330,000
Multi-family: Duplex Up and Down
Built 1961
1,354 sqft•0.24 acres
Columbia Heights schools
MLS# 6523592
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Property Description
Welcome to your new investment opportunity! This beautiful duplex in Fridley is highly sought after and easy to rent. The lower unit features one bedroom and one bathroom, while the upper unit has two bedrooms and one bathroom. You can choose to rent out both units or live in one and rent the other to help with expenses. The lower level offers plush carpeting, a cozy bedroom, and a kitchen with enough space for a table. The upper level boasts hardwood floors that were refinished a few years ago, a large kitchen with room for a table and a HUGE pantry, and two generously sized bedrooms. The lower level also has a shared laundry/utility room, and the property has an oversized two-car detached garage. Currently, tenants in the upper unit pay $1470 per month and are on a month-to-month lease, while the lower unit was most recently advertised for $1050 per month and is currently vacant. The tenants are responsible for paying the electric bill, and the landlord pays for other utilities.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$330,000
Price per sq ft:
$244
Property Type:
Multi-family
City:
Fridley
Garage Spaces:
2
County:
Anoka
Year Built:
1961
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55421
Subdivision Name:
Rear Bl 13 14 & 15 Plymouth
Interior
Finished Area:
1,354 ft2
Living Area:
1,354 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Partially Finished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Dimensions:
26x22
Garage Size:
572 ft2
Garage Door Height:
7
Garage Door Width:
15
Foundation Size:
864 ft2
Foundation Dimensions:
36x24
Fencing:
Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
- Common Laundry
- Patio
Exterior Material:
- Brick/Stone
- Stucco
Lot & Land
Acres:
0.24
Geolocation:
45.051409, -93.26763
Lot Dimensions:
80 x 129
Zoning:
Residential-Multi-Family
Schools
School District:
13
District Phone:
763-528-4500
Expenses
Annual Caretaker Expense:
$1,426
Annual Electric Expense:
None
Annual Fuel Expense:
$267
Annual Insurance Expense:
$971
Annual Maintenance Expense:
$1,667
Annual Gross Expense:
$23,373
Annual Trash Expense:
$428
Annual Water/Sewer Expense:
$1,023
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,604
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,604
Income
Annual Gross Income:
$30,240
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
- City Water/Connected
- Lake Water
Mortgage Calculator
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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.
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!
Listing provided by RMLS,
courtesy of Total Freedom Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.