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$289,000  (list price)
$255,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1979
1,800 sqft0.18 acres
South Washington County schools
MLS# 5741967
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    Property Description

    If you are looking for a great investment property, or your first home in a neighborhood setting, this duplex offers you both. Live up, rent lower, or lese both units. Each unit has a garage stall w/garage door opener. Shared laundry area. All appliance included. There is plenty of room to plant a garden. District 833 School District. East Ridge high school. Easy freeway access. Great rental history. Electric updated in 2016. New water heaters. Lots of potential!

    Listing

    Contingency: None
    Price per sq ft: $161
    City: Newport
    County: Washington
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55055

    Interior

    Living Area: 1,800 ft2
    Above Ground Living: 950 ft2
    Below Ground Living: 850 ft2
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details:
    • Finished
    • Full

    Exterior

    Garage Spaces: 2
    Heating System: Radiant
    Foundation Size: 988 ft2
    Fencing: None
    Handicap Accessible: None
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot

    Acres: 0.18
    Geolocation: 44.87695851, -93.00537041
    Lot Dimensions: 60 x 133
    Dev/Complex Name: Red Rock Villas
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 833
    District Phone: 651-425-6300

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,062
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,062

    Income

    Annual Gross Income: $19,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.