For Sale: New Brighton MLS# 7142157
Active
NEW!
$290,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1882
1,700 sqft • 0.113 acres
Mounds View schools
MLS# 7142157
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Property Description
Rare duplex in New Brighton offering two separate residential units with an established rental history. Both units are currently occupied, with one unit on a month to month lease, providing flexibility for a future owner occupant or an investor looking to establish new lease terms. The two unit layout offers separate living spaces and the opportunity to live in one unit while renting the other. The property is conveniently located along Old Highway 8 with easy access to major roadways, shopping, dining, parks, schools, and other area amenities. An opportunity to purchase a duplex with existing rental income and flexibility for future ownership plans.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$290,000
Price per sq ft:
$171
Property Type:
Multi-family
City:
New Brighton
Garage Spaces:
0
County:
Ramsey
Year Built:
1882
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55112
Subdivision Name:
First Add To, New Brighton
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,700 ft2
Living Area:
1,700 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
864 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Shared Driveway
Shared Amenities:
Laundry
Roof Details:
Architectural Shingle
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.113
Geolocation:
45.060517, -93.19271
Lot Dimensions:
40X124
Zoning:
Residential-Multi-Family
Schools
School District:
621
District Phone:
6516216001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$600
Annual Fuel Expense:
$1,250
Annual Insurance Expense:
$3,194
Annual Maintenance Expense:
$850
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$640
Tenant Expenses:
Cable TV, Electricity, Gas, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,220
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,220
Income
Annual Gross Income:
$30,420
Rent
Annual Net Income:
$24,080
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!
Listing provided by RMLS,
courtesy of Fuze Real Estate.
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.