Sold: Bloomington MLS# 6551556
Sold
$700,000 (list price)
$700,000
Multi-family: Four Plex
Built 1966
3,968 sqft • 0.42 acres
Bloomington schools
MLS# 6551556
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Property Description
Newly updated 4plex! Amazing Opportunity in Bloomington for either invest/owner occupant and or both! Updates include new flooring in 3 of 4 units, fresh paint in exterior and interior. New appliances and fixtures! Units 1, 2, 4 vacant. Allowing for opportunity to rent for more $$ or rent to ICS facility/group home! 4 individual 1-car garage with additional parking available. Coin Laundry on site. Units 2-4 have storage space in the laundry room. Minutes from MOA, shopping centers and bus line! Across from Great Wolf Lodge!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$700,000
Sold Price:
$700,000
Sold Date:
07/15/2024
Price per sq ft:
$176
Property Type:
Multi-family
City:
Bloomington
Garage Spaces:
4
County:
Hennepin
Year Built:
1966
State:
MN
Property Style:
Four Plex
Zip Code:
55425
Subdivision Name:
Cedar Manor
Interior
Finished Area:
3,968 ft2
Living Area:
3,968 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
240 ft2
Foundation Size:
396 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
- Attached Garage
- Guest Parking
- Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Wood Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.42
Geolocation:
44.857868, -93.251453
Lot Dimensions:
104 x 176 x 104 x 176
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Schools
School District:
271
District Phone:
952-681-6400
Expenses
Annual Electric Expense:
$420
Annual Fuel Expense:
$2,400
Annual Gross Expense:
$5,880
Annual Trash Expense:
$660
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,043
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,043
Income
Annual Gross Income:
$58,200
Misc. Annual Income:
$2,400
Misc. Monthly Income:
$200
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Bridge Realty, LLC.
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.