For Sale: Coleraine MLS# 6533880
Active Contingent
$125,000
Multi-family: Duplex Up and Down
Built 1915
1,840 sqft•0.11 acres
Greenway schools
MLS# 6533880
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Are you ready to elevate your money-making abilities? Here we go! Welcome to house hacking. Live in one unit, rent out the other, and make $$$. It really is that easy. Step 2. Homestead this property. Taxes are now cut in half. Step 3. Pay extra on your mortgage. Step 4. RE FI property, use equity to level up yet AGAIN! You're welcome.
Unit 1 - 3 bdrm, 2 bath, deck, garage, coin W/D.
Unit 2 - 2 bdrm, 1 bath, deck, coin W/D.
Listing
Listing Status:
Active Contingent
Contingency:
Subject to Financing
List Price:
$125,000
Price per sq ft:
$68
Property Type:
Multi-family
City:
Coleraine
Garage Spaces:
1
County:
Itasca
Year Built:
1915
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55722
Subdivision Name:
Coleraine
Interior
Finished Area:
1,840 ft2
Living Area:
1,840 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Stone/Rock
- Storage Space
- Unfinished
- Walkout
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
16 x 20
Garage Size:
320 ft2
Garage Door Height:
8
Foundation Size:
912 ft2
Foundation Dimensions:
24 x 38
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.11
Geolocation:
47.28899, -93.425169
Lot Dimensions:
118 x 40
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Farm
Topography:
Level
Schools
School District:
316
District Phone:
218-247-7306
Expenses
Annual Electric Expense:
$2,400
Annual Fuel Expense:
$1,800
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
$500
Annual Gross Expense:
$16,300
Annual Trash Expense:
$360
Annual Water/Sewer Expense:
$2,160
Tenant Expenses:
Cable TV, Grounds Care
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,154
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,154
Income
Annual Gross Income:
$25,000
Misc. Annual Income:
$600
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of RE/MAX THOUSAND LAKES.
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.