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For Sale:  Alexandria MLS# 6609859

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Active
$329,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1984
1,280 sqft • 0.94 acres
Alexandria schools
MLS# 6609859
763-576-8286
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    Property Description

    Investment Opportunity: Two-Unit Property This well-maintained two-unit investment property is a fantastic opportunity for any savvy investor. Each unit offers: 3 spacious bedrooms 1.5 modern bathrooms Private patios perfect for outdoor relaxation Conveniently located close to town, offering easy access to shops, restaurants, and amenities With great rental potential, this property is ideal for both seasoned investors and those looking to generate additional income. Don't miss your chance to own a prime piece of real estate! A 24 hour Showing Notice For Renters is Apprecated.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $329,000
    Price per sq ft: $257
    Property Type: Multi-family
    City: Alexandria
    Garage Spaces: 2
    County: Douglas
    Year Built: 1984
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56308
    Subdivision Name: Lakeview Park

    Interior

    Finished Area: 1,280 ft2
    Living Area: 1,280 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: Block

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,560 ft2
    Foundation Dimensions: 24 65 24 65
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features: Tuckunder Garage
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.94
    Geolocation: 45.891263, -95.342246
    Lot Dimensions: 91 133 91 133
    Lot Description: Irregular Lot

    Schools

    School District: 206
    District Phone: 320-762-2141

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,106
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,172
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,066
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,066

    Income

    Annual Gross Income: $23,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.