For Sale: Inver Grove Heights MLS# 7115993
Active
$410,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1982
2,128 sqft • 0.61 acres
Inver Grove Hts. Community schools
MLS# 7115993
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Property Description
***PLEASE READ AGENTS REMARKS***
Showing time availability is from 9AM-4PM
EXCEPT SATURDAYS NO TIME RESTRICTIONS
Excellent investment opportunity! Interested in a generational wealth opportunity or house hacking perhaps? How about a multifamily with family members each having their own side? This property provides for all. This mirror image side by side duplex is located on a quiet street in a desirable neighborhood on Inver Grove Heights. This multifamily home is being sold together and offers 2 bedrooms and one bathroom on each side with difficult to find double car private garage for each home as well as each unit having their own washer and dryer...no running to the laundromat. No need to worry about backyard neighbors, each home has its own deck that looks over a private backyard with lots of trees and privacy; perfect for quiet evenings. As an added advantage, both units are already tenant occupied making it profitable from day one! Don't miss this prime opportunity to jumpstart-or grow- your real estate collection.
7382 is being used as show home. Showings allowed before 4pm however weekends are preferred. Please request 6 hours in advance. 24 hour notice is preferred please limit showings to 30 minutes. If buyer is interested after first showing and would like to view 7384 a second showing is required with a 24 hour notice.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$410,000
Price per sq ft:
$193
Property Type:
Multi-family
City:
Inver Grove Heights
Garage Spaces:
4
County:
Dakota
Year Built:
1982
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55076
Subdivision Name:
Rolling Hills 5th Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,128 ft2
Living Area:
2,128 ft2
Basement Details:
Walkout
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
4
Garage Dimensions:
27x19'7
Garage Size:
540 ft2
Foundation Size:
1,064 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Rooms
Laundry:
Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.61
Geolocation:
44.842376, -93.04869
Lot Dimensions:
87 x 237 x 214 x 991
Addl Parcels:
206450401141
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
199
District Phone:
6513067800
Expenses
Annual Caretaker Expense:
$8,629
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$4,287
Annual Maintenance Expense:
$250
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,928
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$32,400
Rent
Annual Net Income:
$23,771
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Get You Moved 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.