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Active
$350,000
/mo Edit
Multi-family:  Duplex Other
5 br • 2 ba • Built 1961
2,663 sqft • 0.2 acres
MLS# 7022830
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    Property Description

    Property is currently a one-level rambler being rented as a single room occupancy building. This model brings strong cash flows. Great opportunity for a house hack, live free with positive cash flow as an owner occupied house. Seller is willing to consult for up to 3 years to assist with this unique and profitable model. This move-in ready, one-level offers an open layout with spacious rooms, perfect for todays living. The upgraded kitchen features granite countertops, stainless steel appliances, and flows seamlessly into the living and dining areas, making it ideal for entertaining. Original white oak hardwood floors carry throughout the main level, adding warmth and timeless character. A stunning wall of windows lets the sun pour in and offers views of the large, fully fenced backyard-providing privacy, shade, and space to relax or play. Walkable to restaurants, entertainment, schools, and parks, this home sits on a quiet street in a high-demand neighborhood. Downstairs, you'll find a fully refinished walkout basement with a versatile bonus room-perfect for a home office, gym, hobby space, or additional bedroom. The lower level also features two updated¾ bathrooms (one completed in 2023), and offers an excellent layout for a Mother-in-Law suite or Accessory Dwelling Unit (ADU). Additional highlights include: A large driveway with ample off-street parking Rare indoor heated shop beneath the garage Roof replaced in 2012 Boiler installed in 2007 An excellent opportunity for both homeowners and investors-house hack by renting up to four bedrooms to reduce or even eliminate monthly out-of-pocket costs. Own for less than rent in a location that offers lasting value and unbeatable convenience.

    Listing

    Contingency: None
    Price per sq ft: $131
    City: Crystal
    County: Hennepin
    State: MN
    Property Style: Duplex Other
    Zip Code: 55427
    Subdivision Name: West Winnetka Terrace 3rd Add

    Interior

    Living Area: 2,663 ft2
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full
    • Sump Pump
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 11x28
    Garage Size: 308 ft2
    Foundation Size: 1,158 ft2
    Fencing: Chain Link, Full
    Handicap Accessible: Roll Under Accessibility
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features: Attached Garage
    Shared Amenities:
    • Deck
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material:
    • Block
    • Frame
    Roof Details: Asphalt

    Rooms

    Laundry: Lower Level

    Lot & Land

    Acres: 0.2
    Geolocation: 45.01331, -93.382327
    Lot Dimensions: 75 x 103 x 12 x 84 x 107
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1271
    District Phone: 7635048000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $876
    Annual Fuel Expense: $2,892
    Annual Insurance Expense: $3,200
    Annual Maintenance Expense: $216
    Annual Trash Expense: $252
    Annual Water/Sewer Expense: $972

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,212
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,212

    Income

    Annual Gross Income: $37,740

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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