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Active NEW!
$350,000
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1965
1,722 sqft • 0.145 acres
MLS# 7002929
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    Property Description

    This duplex is a investment opportunity for owner occupant! It's located in a quiet cul de de sac in White Bear Lake. It's minutes from 35E, activities and restaurants in downtown WBL, and a park is across the street. One duplex is on the lower level and the other on top. Both have 2 bdrms, 1 ba with a kitchen open to living room. Both are updated in 2022 the upstairs duplex features a deck. Step out on the deck and enjoy the view overlooking the spacious front yard. The lower level is a walkout. Buy and rent out half or rent both. Renters pay most of the expenses. Go and Show for lower unit for quick showings.

    Listing

    Contingency: None
    Price per sq ft: $203
    City: White Bear Lake
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55110
    Subdivision Name: Ramaleys Park, White Bear, Lak

    Interior

    Living Area: 1,722 ft2
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 861 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features: Open
    Shared Amenities: Laundry
    Exterior Material:
    • Block
    • Frame
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.145
    Geolocation: 45.079845, -93.020758
    Lot Dimensions: 50 x 127
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 2099
    District Phone: 6514077500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: $500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Sewer, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,404
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,404

    Income

    Annual Gross Income: $34,320

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    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 Gonion Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.