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Key Details
Sold Price $261,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,028 sqft
Price per Sqft $128
Subdivision Arlington Hills Add B40&45-49
MLS Listing ID 6486467
Sold Date 03/18/24
Year Built 1903
Annual Tax Amount $5,208
Tax Year 2023
Contingent None
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40x125
Property Description
Well performing duplex and great addition to an investor looking to boost their monthly cash flow and expand their portfolio. Monthly rental income is $4,000 and will continue thanks to a benefit from a subsidy program. Both units are well laid out and have split utilities. Always a high demand for renting in the area. Both tenants would like to stay, but the opportunity for an owner occupy buyer exists as both leases are month to month beginning March 31st. It's hard to find anything on the market with this type of cap rate - highly recommend scheduling your showing today!
Location
State MN
County Ramsey
Rooms
Basement Stone/Rock
Interior
Heating Forced Air
Fireplace No
Building
Story Two
Foundation 1024
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Two
Structure Type Fiber Board
New Construction false
Schools
School District St. Paul
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