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For Sale:  Maple Plain MLS# 7014008

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Active NEW!
$300,000
/mo Edit
Multi-family:  1 Story
2 br • 2 ba • Built 1937
1,113 sqft • 0.149 acres
MLS# 7014008
763-576-8286
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    Property Description

    Great opportunity to purchase a duplex in Maple Plain. A property that gives you options, income, and future potential, all in one smart investment. This charming side-by-side features two 1-bedroom, 1-bath units, making it the perfect property with multiple options: 1. Live in one side and rent the other to help cover your mortgage payment. 2. Use as traditional duplex and rent both sides. 3 Live in both units—home on one side, office, guest space, or hobby area on the other. 4. With strong redevelopment potential, this could be the ideal site for a future apartment or multi-unit project with the houses next door. (currently for sale and coming soon for sale) Two car oversized detached garage, storage shed, a walkable Main Street location, and easy access to everything Maple Plain has to offer. Good storage in basement. Orono Schools!! ****Property is agent owned. Property being sold as/is. Basement is "rough" Exterior has quite a bit of chipped paint. So no FHA or VA. Was going to paint last fall but ran out of time.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $300,000
    Price per sq ft: $270
    Property Type: Multi-family
    City: Maple Plain
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1937
    State: MN
    Property Style: 1 Story
    Zip Code: 55359

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Finished Area: 1,113 ft2
    Living Area: 1,113 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 25x25
    Garage Size: 525 ft2
    Foundation Size: 926 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Insulated Garage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.149
    Geolocation: 45.0079522286, -93.6593163013
    Lot Dimensions: 50 x 130
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 1252
    District Phone: 9524498305

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,139
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $10,200

    Rent

    Annual Net Income: $9,000

    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 Orono Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.