Average square foot calculated using Size range provided by listing agent.
Description
Side by side duplex Each side: 4 beds / 1 bathroom / 1 detached car garage Roof and mechanicals within 5 years One side vacant ready to owner-occupy, the other side leased until 4/30/26 (duplex is fully remodeled) Current Numbers: • $1, 875/mo (tenant pays directly to gas and electric providers) • $7, 385/yr taxes • $1, 615/yr insurance • $2, 262/yr utilities Pro Froma Numbers: • 1st Unit - $2, 300/mo (tenant pays directly to gas and electric providers) • 2nd Unit - $2, 300/mo (tenant pays directly to gas and electric providers) • $7, 667/yr taxes • $2, 000/yr insurance • $2, 262/yr utilities • $1, 700/yr repair budget • $38, 511 NOI (with 5% vacancy) • 7% Cap Rate at $555k Owner is licensed agent in MN.Show Description