Sold: Richfield MLS# 6529436
Sold
$457,999 (list price)
$460,000
Multi-family: Duplex Side by Side
Built 1971
3,008 sqft • 0.34 acres
Richfield schools
MLS# 6529436
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Property Description
Turnkey Investment opportunity!! Must see spacious bungalow in a highly sought after community. Move-in ready. Minutes from airport, Mall of America, Famous Woodlake Nature center, pools, ice arena and over 100 parks and paths within the city. Walk out your front door to bus stop that takes you everywhere in minutes. Huge spacious backyard for great entertaining with a maintenance free trex deck. Nearby shopping, freeway access. Own as full investment property or owner occupy a unit. Newer furnace and water heater installed around 2020-22.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$457,999
Sold Price:
$460,000
Sold Date:
02/20/2025
Price per sq ft:
$152
Property Type:
Multi-family
City:
Richfield
Garage Spaces:
2
County:
Hennepin
Year Built:
1971
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55423
Interior
Finished Area:
3,008 ft2
Living Area:
3,008 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Egress Window(s)
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
598 ft2
Foundation Size:
4,358 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Attached Garage
Road Frontage:
City Street
Exterior Material:
Metal Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.34
Geolocation:
44.875886, -93.267524
Lot Dimensions:
90 x 175
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
High Ground
Schools
School District:
280
District Phone:
612-798-6010
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,440
Annual Fuel Expense:
$1,080
Annual Insurance Expense:
$1,375
Annual Maintenance Expense:
$400
Annual Gross Expense:
$5,335
Annual Trash Expense:
$690
Annual Water/Sewer Expense:
$750
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,782
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,782
Income
Annual Gross Income:
$48,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water - In Street
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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 Keller Williams Realty Integrity.
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.