For Sale: Oakdale MLS# 6632535
Active Contingent
$399,800
Multi-family: Duplex Side by Side
Built 1978
1,774 sqft • 0.28 acres
North St Paul-Maplewood schools
MLS# 6632535
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Property Description
Yes, it's late fall and there are many examples of real estate winding down for the year. Still, opportunity knows no seasons. For anyone reading this verbiage, you know how few duplexes come available, especially in great suburbs like Oakdale, in any given year (in 2023 that number was TWO). As an investor or owner occupant, are you ready? 6162/6166 Upper 51st Street is a great little pocket in northern Oakdale with super easy access to Highway 36 and I-694. Silver Lake in North St. Paul, the paved Gateway Trail/Brown's Creek Trail go all the way to downtown Stillwater. Multiple restaurant and shopping options are less than 10 minutes: all the things an owner or renter would place high on their ??must have? list .Each unit offers 2 bedrooms, a full bathroom, living room, kitchen and patio door to access the backyard all on the upper or main level. The true opportunity here may, in fact, be the unfinished lower levels of both units. If you're the roll up your sleeves and get to work type of person, then adding two bedrooms a second bathroom and family room are well within your reach. And the large back yard: it appears there would be plenty of room to add a garage/garages in the backyard which would further increase the value both in terms of additional rental income and long-term appreciation. Please verify this option with the City of Oakdale if you might consider adding garages. The building is priced competitively and both tenants would like to stay.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$399,800
Price per sq ft:
$225
Property Type:
Multi-family
City:
Oakdale
Garage Spaces:
0
County:
Washington
Year Built:
1978
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55128
Subdivision Name:
Pullman Add To North St Paul
Interior
Finished Area:
1,774 ft2
Living Area:
1,774 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Block
- Daylight/Lookout Windows
- Unfinished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,664 ft2
Foundation Dimensions:
64x26
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Gravel
- Parking Lot
Road Frontage:
City Street
Exterior Material:
- Block
- Wood Siding
Lot & Land
Acres:
0.28
Geolocation:
45.023466, -92.981339
Lot Dimensions:
80 x 150
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
622
District Phone:
651-748-7410
Expenses
Annual Caretaker Expense:
$2,820
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$6,120
Annual Maintenance Expense:
$1,410
Annual Gross Expense:
$14,400
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$620
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,809
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,812
Income
Annual Gross Income:
$27,900
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
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.
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!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
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.