For Sale: Pine City MLS# 6737336
Active
$229,500
Multi-family: Duplex Up and Down
Built 1895
1,712 sqft • 0.34 acres
Pine City schools
MLS# 6737336
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Property Description
Affordable Investor opportunity or owner-occupant duplex next to Cross lake and 2
blocks from down town. This spacious and unique property features 5 bedrooms and
2bathrooms, offering flexible living arrangements in a high-demand location. With work
and school in walkable radius, rental units are in extremely high demand. The upper unit
includes 2 bedrooms, 1 bathroom, a living room, and large kitchen. The main level
features 3 bedrooms, bathroom, living room, and back private porch connected to back
bedroom. Main floor is spacious and ideal for family or live in landlord. Exterior cleaned
up this summer with some new windows, new paint, and resurfaced driveway. The lower
level includes laundry hook ups in basement and ample storage space with plenty of
potential. With two 2-car detached garages and plenty of off-street parking, this duplex
combines space, convenience, and location. Perfect for Pine Tech student housing,
rental income, or multi-generational living.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$229,500
Price per sq ft:
$134
Property Type:
Multi-family
City:
Pine City
Garage Spaces:
3
County:
Pine
Year Built:
1895
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55063
Subdivision Name:
Townsite Of Pine City
Interior
Finished Area:
1,712 ft2
Living Area:
1,712 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
24x30
Garage Size:
720 ft2
Garage Door Height:
6
Garage Door Width:
12
Foundation Size:
900 ft2
Foundation Dimensions:
30x30
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Detached
- Gravel
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.34
Geolocation:
45.828894, -92.96691
Lot Dimensions:
100 x 150
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
578
District Phone:
320-629-4010
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Gross Expense:
$5,700
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Tenant Expenses:
Electricity, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,660
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,650
Income
Annual Gross Income:
$22,200
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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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 TheMLSonline.com, Inc..
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.