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$329,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1900
2,000 sqft • 0.19 acres
White Bear Lake schools
MLS# 6635821
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    Property Description

    Rare Opportunity in White Bear Lake! Discover this well-maintained side-by-side duplex in the heart of White Bear Lake, perfectly located near schools, parks, the lake, and the vibrant downtown area. This property is ideal for both investors and owner-occupants, offering two updated units with excellent rental history and reliable tenants already in place. Updates include a newer roof, sprayed insulation, windows, HVAC system, water heater, exterior paint, and new carpet and paint in one unit. The property has passed bi-annual city rental inspections and is fully licensed, ensuring compliance and peace of mind for future owners. With its prime location, strong rental appeal, and exceptional value, this duplex presents a unique opportunity in one of the areaâ??s most desirable neighborhoods. Donâ??t miss your chance to own one of the most affordable duplexes in White Bear Lakeâ??schedule a showing today!

    Listing

    Contingency: None
    Price per sq ft: $165
    City: White Bear Lake
    County: Ramsey
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55110

    Interior

    Living Area: 2,000 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Concrete
    • Partial

    Exterior

    Stories: One and One Half
    Garage Spaces: 1
    Garage Size: 250 ft2
    Foundation Size: 1,220 ft2
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Shared Driveway
    Shared Amenities: Common Laundry
    Exterior Material: Fiber Cement
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.19
    Geolocation: 45.0822159584, -93.0158349199
    Lot Dimensions: 54 x 150
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 624
    District Phone: 651-407-7500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,950
    Annual Maintenance Expense: $500
    Annual Gross Expense: $3,550
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $600
    Tenant Expenses: Cable TV, Electricity, Fuel, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,902
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,902

    Income

    Annual Gross Income: $26,700

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • 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!

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