Sold: Saint Louis Park MLS# 6011014
Sold
$499,900 (list price)
$515,000
Multi-family: Duplex Side by Side
Built 1960
2,420 sqft•0.23 acres
St. Louis Park schools
MLS# 6011014
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Property Description
This is a truly rare opportunity for investors or owner occupants! Excellent rental history w/above average cashflow! The location is exceptional w/easy access to Hwy. 100, 394 & just a short walk to "The Shops at Westend." Many recent updates, newer furnaces & a great floor plan (both units are the same layout). Wood floors on the main level. Brand new stainless steel kitchen appliances and refreshed bath in unit 1624. The entire exterior was repainted just two months ago. Single car garage for both units & 2 additional off-street parking spots. Full laundry facilities in both units w/additional storage. The oversized garages also have ample storage. Walking/biking trails a block away. This weekend showing times for unit 1624: Noon to 6pm (Friday), 10am-5pm (Sat) & 2-4pm (Sun). 1622 can be viewed on Sunday 2-4pm.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$499,900
Sold Price:
$515,000
Sold Date:
09/01/2021
Price per sq ft:
$207
Property Type:
Multi-family
City:
Saint Louis Park
Garage Spaces:
1
County:
Hennepin
Year Built:
1960
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55416
Interior
Finished Area:
2,420 ft2
Living Area:
2,420 ft2
Above Ground Living:
1,900 ft2
Below Ground Living:
520 ft2
Total Ranges:
Two
Total Refrigerators:
Two
Basement Details:
- Block
- Egress Window(s)
- Partially Finished
- Single Tenant Access
- Walkout
Exterior
Garage Spaces:
1
Heating System:
Forced Air
Foundation Size:
1,900 ft2
Fencing:
None
Handicap Accessible:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
- Brick/Stone
- Shake Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Lot
Acres:
0.23
Geolocation:
44.96567400, -93.33937000
Lot Dimensions:
90 x 109
Dev/Complex Name:
Kavlis Cedarmont
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Tree Coverage - Light
Schools
School District:
283
District Phone:
952-928-6000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,415
Annual Maintenance Expense:
$2,822
Annual Gross Expense:
$2,822
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Fuel, Grounds Care, Trash Collection, Water
Financial & Taxes
Tax Year:
2021
Annual Taxes:
$5,971
Assessment Pending:
No
Taxes w/ Assessments:
$5,971
Income
Annual Gross Income:
$38,520
Unit
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
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.
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.