Pending: Fridley MLS# 6523592
Pending
$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:
Pending
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 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
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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.