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Active Contingent
$495,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1966
2,900 sqft • 0.38 acres
Bloomington schools
MLS# 6814546
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    Property Description

    Location, location, location! Wonderful opportunity for investment. This beautiful side by side duplex in Bloomington is currently rented on both sides. The gross annually income is $34, 680. Each side has: a primary bedroom, smaller bedroom, full bathroom, kitchen, dining and living room upstairs. And a ¾ bathroom/ laundry room and a large room that has a divider that created the 3rd bedroom and a smaller family room/ office. Close to 3000 sqft. Each side also has an attached 2 car garage and nice size driveway. Both leases will expire in Aug 2026. Walking distance to Penn lake library, Penn Lake and Haeg Park. Don’t miss it!

    Listing

    Contingency: Inspection
    Price per sq ft: $171
    City: Bloomington
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55431

    Interior

    Living Area: 2,900 ft2
    Basement Details:
    • Daylight/Lookout Windows
    • Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 4
    Garage Size: 800 ft2
    Foundation Size: 1,920 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.38
    Geolocation: 44.843203, -93.309736
    Lot Dimensions: 124 x 134

    Schools

    School District: 271
    District Phone: 952-681-6400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,610
    Annual Maintenance Expense: $1,740
    Annual Gross Expense: $7,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $840
    Tenant Expenses: Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,341
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,341

    Income

    Annual Gross Income: $34,680

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    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.