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For Sale:  Sandstone MLS# 7126108

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Active NEW!
$285,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1900
2,368 sqft • 0.143 acres
East Central schools
MLS# 7126108
763-576-8286
Open House
         12p - 2p
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    Property Description

    Why choose between a home and an investment when you can have both? This updated Sandstone duplex offers a unique opportunity to owner occupy one unit while renting the other, create separate spaces for multigenerational living, or rent both as an investment. Each unit offers 3 bedrooms, 1 bathroom, a private entrance, spacious living areas, a large deck, and a bathroom with an impressive double sink vanity. The main level unit is full of character and features an exceptionally large dining and flex space with plenty of room to make it your own. Separate electric, gas, and water meters add convenience, while the upper unit includes laundry hookups. The full basement offers abundant storage with interior and exterior access. Add in off street parking, a shared backyard, updated interiors, vinyl siding, a new roof in 2024, and a laundromat just across the street. Close to Sandstone amenities and I 35, this is a home, income opportunity, and flexible living setup all rolled into one!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $285,000
    Price per sq ft: $120
    Property Type: Multi-family
    City: Sandstone
    Garage Spaces: 0
    County: Pine
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55072
    Subdivision Name: Gunns 1st Add

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 2,368 ft2
    Living Area: 2,368 ft2
    Basement Details:
    • Full
    • Single Tenant Access
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,360 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Units Vary
    Road Frontage: City Street
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.143
    Geolocation: 46.136465, -92.86622
    Lot Dimensions: 125 x 50
    Zoning: Residential-Multi-Family

    Schools

    School District: 2580
    District Phone: 3202452289

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,180
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,192

    Income

    Annual Gross Income: $31,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $30,335

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Minnesota Power

    Mortgage Calculator

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    Payment:  /mo

    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 LPT Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.