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For Sale:  Bloomington MLS# 7131567

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Active
$499,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1967
1,550 sqft • 0.34 acres
Bloomington schools
MLS# 7131567
763-576-8286
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    Property Description

    Perfect owner-occupied investment property! This side-by-side duplex in Bloomington is a great investment. Both units have been updated recently and have huge backyards! Each unit has 2 beds 1 bath and a nice basement area as well. The tenant on the left side has lived there for 2 years and will be there until 2027. 9522 (on the right side) was just completely remodeled! Brand new, ready to go for an owner-occupied investor or to rent out at a great market rent! Should be able to easily get $1995 - 2250/month for it! Dont miss out on this amazing opportunity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,000
    Price per sq ft: $322
    Property Type: Multi-family
    City: Bloomington
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1967
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55420
    Subdivision Name: Oxboro Heath

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,550 ft2
    Living Area: 1,550 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 24x44
    Garage Size: 528 ft2
    Foundation Size: 500 ft2
    Foundation Dimensions: 25*20
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities: None
    Exterior Material:
    • Block
    • Concrete
    Pool: None
    Roof Details: Age Over 8 Years

    Rooms

    Laundry:
    • Laundry Room
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.34
    Geolocation: 44.83045, -93.284087
    Lot Dimensions: 150 x 180
    Zoning: Residential-Multi-Family

    Schools

    School District: 271
    District Phone: 9526816400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: $4,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,782
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,782

    Income

    Annual Gross Income: $41,940
    Misc. Monthly Income: $3,895

    Rent

    Annual Net Income: $39,940

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Meta Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.