This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for… Read More $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door Great added value potential with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing! Read Less
Listing courtesy of Realty ONE Group Choice.
Listing Snapshot
Days Online
52
Last Updated
Property Type
Duplex Up And Down
Square Ft.
2,010
Lot Size
0.19 Acres
Year Built
1904
MLS Number
NST6636260
30 Days Snapshot Of 55412
$207k
-7%
(avg) sold price
24
-36%
homes sold
31
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Unfinished"
Building
Finished Area Above Grade: 2010, Area: 2010, Building Area: 2665, Construction Materials: "Other", Levels: "Two", Year Built: 1904
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Real Broker, LLC are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. This data is updated ten (10) times daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. This data is up-to-date as of . For the most current information, contact Real Broker, LLC, 218-839-7568, [email protected]
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