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For Sale:  Bloomington MLS# 6803576

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Active
$659,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1968
3,569 sqft • 0.44 acres
Bloomington schools
MLS# 6803576
763-576-8286
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    Property Description

    Exceptional investment opportunity to own this massive side by side duplex in desirable Bloomington location. Perfect for house hacking as the left unit is being rented for $1850 a month to loyal long term tenants who have been at the property for 10+ years (lease expires 10/31/26). The right unit has just been updated and ready for owner occupant or new tenants for extra cash flow. Featuring new floors, new doors, updated bathroom and kitchen with brand new appliances, quartz countertops, backsplash and more! Each unit features 4 very spacious bedrooms, 2 baths, finished basements, and 2 living rooms. Very large backyard that even has a private basketball court and a shed for extra storage. The going rent for a 4bd/2ba in this area is around $2450 allowing you to easily obtain strong cash flow. Great location with an easy walk to Valley View Park, Schools, Shopping and Dining opportunities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $659,000
    Price per sq ft: $185
    Property Type: Multi-family
    City: Bloomington
    Garage Spaces: 3
    County: Hennepin
    Year Built: 1968
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55420
    Subdivision Name: Lynn Acres

    Interior

    Finished Area: 3,569 ft2
    Living Area: 3,569 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished

    Exterior

    Stories: Four or More Level Split
    Garage Spaces: 3
    Garage Size: 782 ft2
    Foundation Size: 2,351 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Tuckunder Garage
    Shared Amenities: Patio
    Exterior Material:
    • Brick/Stone
    • Stucco
    • Vinyl Siding
    Roof Details: Asphalt

    Rooms

    Shared Rooms: Play Area

    Lot & Land

    Acres: 0.44
    Geolocation: 44.839783, -93.280605
    Lot Dimensions: 192 x 100
    Zoning: Residential-Multi-Family

    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: $4,762
    Annual Maintenance Expense: $600
    Annual Gross Expense: $5,962
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,389
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,389

    Income

    Annual Gross Income: $51,000

    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 Luke Team Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.