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For Sale:  Fridley MLS# 6621179

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Active Contingent
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1979
2,344 sqft • 0.34 acres
Columbia Heights schools
MLS# 6621179
763-576-8286
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    Property Description

    Fantastic investment opportunity or live in one unit while renting out the other! This cash-flowing duplex is situated in a desirable area and offers separate utilities, a newer roof, water heaters, and driveway. The upper unit (#1) features 3 bedrooms, 1 full bathroom, a 2-car garage, and a private deck overlooking the backyard. The lower unit (#2) includes 2 bedrooms, 1 full bathroom, a spacious patio, and a 1-car garage. Both units boast updated flooring throughout and shared access to washers and dryers. Conveniently located near public transportation, restaurants, highways, shopping, parks, and more.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $400,000
    Price per sq ft: $171
    Property Type: Multi-family
    City: Fridley
    Garage Spaces: 3
    County: Anoka
    Year Built: 1979
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55421
    Subdivision Name: Carlsons Summit Manor Annex 2

    Interior

    Finished Area: 2,344 ft2
    Living Area: 2,344 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 3
    Garage Dimensions: 32x24
    Garage Size: 753 ft2
    Foundation Size: 1,152 ft2
    Fencing: Chain Link, Partial, Privacy, Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities: Common Laundry
    Exterior Material:
    • Brick/Stone
    • Stucco
    • Wood Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.34
    Geolocation: 45.062398, -93.263816
    Lot Dimensions: 114 x 126 x 114 x 128
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 13
    District Phone: 763-528-4500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,056
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $10,087
    Annual Trash Expense: $690
    Annual Water/Sewer Expense: $1,080
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,204
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,204

    Income

    Annual Gross Income: $34,140

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Keller Williams Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.