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For Sale:  Brooklyn Park MLS# 7022828

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Active Contingent
$425,000
/mo Edit
Multi-family:  1 Story
4 br • 2 ba • Built 1978
1,880 sqft • 0.25 acres
MLS# 7022828
763-576-8286
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    Property Description

    Fantastic opportunity to own a turn-key side-by-side duplex in convenient Brooklyn Park location. Both sides are currently rented and feature newer roof, siding, garage doors, kitchens, bathrooms, main sewer line, cement driveway & front patios. Each side features 2 bedrooms/1 bath, a 1-stall attached garage, a cozy fireplace, and laundry! Unfinished lower level provides potential to add 2 bedrooms (already framed for bedroom and closet, just need to add an egress window) and 1 bathroom (already roughed-in) on each side! Experience the benefit of immediate cash-flow with a home on a peaceful cul-de-sac in a convenient Brooklyn Park location.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $425,000
    Price per sq ft: $226
    Property Type: Multi-family
    City: Brooklyn Park
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1978
    State: MN
    Property Style: 1 Story
    Zip Code: 55444
    Subdivision Name: Brooklyn Meadows 3rd Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,880 ft2
    Living Area: 1,880 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 2,300 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage:
    • City Street
    • Cul De Sac
    Exterior Material: Block
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.25
    Geolocation: 45.099757, -93.318305
    Lot Dimensions: 21 x 38 x 26 x 116 x 91 x 135
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1255
    District Phone: 7633917000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,028
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Gas, Heat, Lawn Care, Sewer, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,566
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,566

    Income

    Annual Gross Income: $38,100

    Rent

    Annual Net Income: $26,040

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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