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Active Contingent
$457,999
/mo Edit
Multi-family:  Duplex Side by Side
Built 1971
3,008 sqft0.34 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

    Contingency: Inspection
    Price per sq ft: $152
    City: Richfield
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55423

    Interior

    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 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

    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.
    It would be our pleasure to assist you with your home purchase!

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