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Sold
$450,000  (list price)
$392,701
/mo   Edit
Multi-family:  Four Plex
Built 1963
3,300 sqft
Robbinsdale schools
MLS# 5678291
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    Property Description

    Buy separately or together with building 2732 Xylon. Value-add opportunity. Many long term tenants on month to month leases. Newer windows, roof. 4 car garage for extra rent.

    Listing

    Contingency: None
    Price per sq ft: $136
    City: New Hope
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55427

    Interior

    Living Area: 3,300 sq ft
    Above Ground Living: 1,650 sq ft
    Below Ground Living: 1,650 sq ft
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details: Finished

    Exterior

    Garage Spaces: 4
    Heating System:
    • Baseboard
    • Hot Water
    Foundation Size: 1,650 sq ft
    Handicap Accessible: None
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details: Asphalt

    Lot

    Acres: 0.34
    Geolocation: 45.00841800, -93.38490900
    Lot Dimensions: 100 x 150
    Dev/Complex Name: Twin Terra Linda
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 281
    District Phone: 763-504-8000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $366
    Annual Fuel Expense: $2,460
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,506
    Annual Trash Expense: $560
    Annual Water/Sewer Expense: $1,120
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $7,566
    Assessment Pending: Yes
    Taxes w/ Assessments: $10,844

    Income

    Annual Gross Income: $45,600

    Rent

    Unit 1 Monthly Rent: $950
    Unit 2 Monthly Rent: $875
    Unit 4 Monthly Rent: $850

    Unit

    Total Units: 4

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable.Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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