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Active
Listed
$475,000
/mo   Edit
MLS# 5680919
Multi-family
Built 1974
3,400 fin sqft
Bloomington schools
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    Description:   Cash-flowing Duplex in highly sought West Bloomington location. Close to park, quiet neighborhood. Long-term tenants in both sides of property: 10+years & happy to stay. Great 3 bed, 3 bath layout with walk-out basement to fenced backyard on each side. Equity building potential with some maintenance and cosmetic updates. Weekend showings with a 24-hr notice preferred.
    List Price: $475,000
    Price/sq ft: $140
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Side by Side
    Year Built: 1974
    City: Bloomington
    County: Hennepin
    State: MN
    Zip Code: 55437

    Interior

    Fin Sq Ft / Living Area: 3,400 ft²
    Above Ground Living: 2,400 ft²
    Below Ground Living: 1,000 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Single Tenant Access, Finished, Full, Walkout

    Exterior

    Heating System: Forced Air
    Foundation Size: 3,400 ft²
    Fencing: Wood
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Wood Siding
    Garage Spaces: 4
    Roof Details: Asphalt, Age Over 8 Years

    Lot

    Acres: 0.36
    Latitude: 44.82712700
    Longitude: -93.34893300
    Lot Size Dim.: .36
    Dev/Complex Name: Normandale Highlands 08th Add

    Schools

    School District: 271
    District Phone: 952-681-6400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $500
    Annual Gross Expense: $2,700
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $500
    Tenant Expenses: Insurance, Electricity, Fuel, Trash Collection, Snow Removal, Grounds Care, Cable TV, Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $8,178
    Assessment Pending: No
    Taxes w/ Assessments: $11,325

    Income

    Annual Gross Income: $35,700

    Rent

    Unit 1 Monthly Rent: $1,550

    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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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Justin
    Larson
    Movement
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    Roaldson
    CrossCountry
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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