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$559,500
/mo Edit
Multi-family:  Duplex Side by Side
Built 1979
2,702 sqft • 0.3 acres
Anoka-Hennepin schools
MLS# 6730701
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    Property Description

    Excellent Investment Opportunity – Updated Side-by-Side Duplex! This well-maintained duplex is located in the heart of Blaine, directly across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park. This low-maintenance investment features separate utilities for each unit—gas, electricity, water—so tenants cover all utilities, lawn care, and snow removal. Each unit also includes a private two-car garage. Each spacious unit features a 3-bedroom, 2-bath layout with an additional family room in the basement and includes numerous recent updates. Unit #110 has been leased to a quiet, respectful tenant since March 2024. The unit was recently renovated with new kitchen cabinets, granite countertops, and updated appliances, including a new refrigerator and stove. In 2024, it received fresh interior paint and new luxury vinyl plank flooring in the kitchen, living room, dining room, and two bedrooms. New carpet was also installed in the basement in 2022, making the unit highly attractive to quality tenants. Unit #114 is currently vacant and ideal for owner occupancy. It features a fully upgraded kitchen with granite countertops and stainless steel appliances. Luxury vinyl plank flooring flows through the bedrooms, foyer, kitchen, dining area, living room, and family room, creating a cohesive, modern aesthetic. Abundant natural light enhances the bright and welcoming atmosphere. Relatively newer water heaters and roof, helping reduce future maintenance costs. Each unit is equipped with its own private washer and dryer hookups for added convenience. Whether you're looking for an owner-occupant opportunity or to expand your rental portfolio, this turn-key duplex checks all the boxes for location, condition, and cash flow potential.

    Listing

    Contingency: None
    Price per sq ft: $207
    City: Blaine
    County: Anoka
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55434
    Subdivision Name: Degardners Parkview

    Interior

    Living Area: 2,702 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Walkout

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 4
    Garage Dimensions: 19x21
    Garage Size: 798 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,764 ft2
    Foundation Dimensions: 21x84
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Tuckunder Garage
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.3
    Geolocation: 45.185035, -93.263152
    Lot Dimensions: 69 x 103 x 65 x 126
    Zoning: Residential-Multi-Family

    Schools

    School District: 11
    District Phone: 763-506-1000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,361
    Annual Maintenance Expense: $300
    Annual Gross Expense: $2,961
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Grounds Care, Sewer, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,339
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,339

    Income

    Annual Gross Income: $49,200

    Units

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