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$499,990
/mo Edit
Multi-family:  Duplex Side by Side
Built 1969
3,520 sqft • 0.29 acres
Mounds View schools
MLS# 6773525
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    Property Description

    Well-maintained side-by-side duplex located in the highly regarded Mounds View School District. Each unit offers a functional layout with three bedrooms on one level, three bathrooms, a spacious living room, and a connected kitchen/dining area. The side-by-side design, private vinyl-fenced backyards, two detached garages per unit, and separate finished basements with laundry/utility rooms provide privacy and convenience for each household. All utilities are individually metered. Current leases are in place through July 2026, supported by a long history of stable tenancy. The property is situated close to parks, schools, shopping, and major roadways, making it an attractive option. Opportunities to own multi-family properties in this area are limited -- don't miss the chance to add this well-positioned duplex to your portfolio.

    Listing

    Contingency: None
    Price per sq ft: $142
    City: New Brighton
    County: Ramsey
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55112
    Subdivision Name: BRITTANY BEACH

    Interior

    Living Area: 3,520 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Concrete
    • Drain Tiled
    • Partially Finished
    • Sump Basket
    • Sump Pump

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 22xx22
    Garage Size: 484 ft2
    Foundation Size: 1,410 ft2
    Fencing: Vinyl
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Garage Door Opener
    • Storage
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.29
    Geolocation: 45.08846879, -93.2044211488
    Lot Dimensions: 100X125
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 621
    District Phone: 651-621-6001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,100
    Annual Maintenance Expense: $120
    Annual Gross Expense: $11,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: All Utilities, Cable TV, Electricity, Gas, Grounds Care, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,560
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $7,560

    Income

    Annual Gross Income: $42,000

    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.