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Active NEW!
$415,000
/mo Edit
Multi-family:  1 Story
6 br • 3 ba • Built 1961
2,386 sqft • 0.193 acres
MLS# 7033989
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    Property Description

    Great opportunity to own a side-by-side duplex in a great Columbia Heights location with strong rental income potential. One unit is currently rented while the other is vacant, offering flexibility for an investor or owner-occupant. Both units feature new furnaces installed in 2022 and have been refreshed and prepared for renters. The only shared wall is through the garage! Unit 403 is rented through January 2027. A solid opportunity to own an income-producing property with immediate upside!

    Listing

    Contingency: None
    Price per sq ft: $174
    City: Columbia Heights
    County: Anoka
    State: MN
    Property Style: 1 Story
    Zip Code: 55421
    Subdivision Name: Columbia Heights Acres

    Interior

    Living Area: 2,386 ft2
    Basement Details:
    • Block
    • Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 264 ft2
    Foundation Size: 1,584 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage

    Lot & Land

    Acres: 0.193
    Geolocation: 45.052013, -93.261201
    Lot Dimensions: 128 x 64
    Zoning: Residential-Multi-Family

    Schools

    School District: 770
    District Phone: 7635284500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $517
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,609
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,609

    Income

    Annual Gross Income: $39,900

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