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Active NEW!
$550,000
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 4 ba • Built 1979
3,176 sqft • 0.44 acres
Osseo schools
MLS# 7131873
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    Property Description

    Turnkey Side-by-Side Duplex, Fully Leased with Premium Unit Mix. Rare opportunity to own a fully leased, side-by-side duplex. Both units feature a spacious 4-bedroom, 2-bathroom layout — a standout floor plan in the duplex market that drives stronger rental income and broader tenant appeal than the typical 1-3 bedroom configuration. Each unit includes its own private garage, adding valuable convenience and storage. The location is a major draw: residents can walk to multiple neighborhood parks, and enjoy easy access to restaurants, shopping, a dog park, and even golf courses. Commuters will appreciate the convenient access to major highways, making this an easy sell for tenant retention and future leasing. With strong existing leases in place, this is a true turnkey investment. A must-see for investors seeking a low-maintenance, high-demand rental property.

    Listing

    Contingency: None
    Price per sq ft: $173
    City: Brooklyn Park
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55443
    Subdivision Name: Lake Success 2nd Add

    Interior

    Living Area: 3,176 ft2
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 445 ft2
    Foundation Size: 1,944 ft2
    Fencing: Partial, Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.44
    Geolocation: 45.106787, -93.324722
    Lot Dimensions: 81 x 240 x 80 x 236
    Zoning: Residential-Multi-Family

    Schools

    School District: 279
    District Phone: 7633917000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,125
    Annual Maintenance Expense: None
    Annual Trash Expense: $1,910
    Annual Water/Sewer Expense: $1,060
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Lawn Care, Pest Control, Telephone, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,655
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,660

    Income

    Annual Gross Income: $48,768

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