For Sale: Spring Lake Park MLS# 6650290
Active
$600,000
Multi-family: Other
Built 1968
3,134 sqft • 0.24 acres
Spring Lake Park schools
MLS# 6650290
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Property Description
Rare Investment Opportunity â?? Turnkey 4-Plex in Prime Location!
Donâ??t miss this exceptional chance to own a well-maintained, income-generating 4-plex! Whether you're an investor looking for a solid addition to your portfolio or an owner-occupant seeking rental income, this property is a perfect fit.
Featuring three spacious 2-bedroom units and one cozy 1-bedroom unit, this multi-family gem has been meticulously cared for, ensuring long-term value and appeal. Situated in a high-demand area, residents enjoy easy access to schools, parks, hospitals, libraries, shopping, and public transportationâ??making it an attractive option for tenants.
A rare find in todayâ??s marketâ??donâ??t wait! Secure this prime investment before itâ??s gone!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$600,000
Price per sq ft:
$191
Property Type:
Multi-family
City:
Spring Lake Park
Garage Spaces:
0
County:
Anoka
Year Built:
1968
State:
MN
Property Style:
Other
Zip Code:
55432
Subdivision Name:
Han-Don 1st Add
Interior
Finished Area:
3,134 ft2
Living Area:
3,134 ft2
Basement Details:
Finished
Exterior
Stories:
One
Garage Spaces:
0
Garage Size:
840 ft2
Foundation Size:
1,656 ft2
Handicap Accessible:
None
Heating System:
Boiler
Exterior Material:
Block
Lot & Land
Acres:
0.24
Geolocation:
45.10954, -93.255028
Lot Dimensions:
80 x 129
Schools
School District:
16
District Phone:
763-786-5570
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$425
Annual Fuel Expense:
$2,503
Annual Insurance Expense:
$4,596
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$1,159
Annual Water/Sewer Expense:
$2,823
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,133
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,133
Income
Annual Gross Income:
$43,200
Units
Total Units:
4
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 eXp Realty.
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.