Address
7680 Silver Lake Road, Mounds View, MN
Price
$ 549,900
Property Attributes
  • ID#6539978
  • TypePending
  • CountyRAMSEY
  • CityMounds View
  • Zip55112
  • Style
  • Year Built1980
  • Taxes$ 5478
  • Price$ 549,900
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage2637
  • Lot Size0.47 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Opportunity is knocking with this huge duplex sitting on nearly a half-acre of land! With rents over $3500/mo and no utility expenses, this property will cash flow for any serious investor. It is also the perfect place for an owner occupant to have the bulk of their mortgage covered by living in one side and renting the other. Each unit features a large main level including a spacious living room and oversized, eat in kitchen. Both sides have 3 bedroom, 2 bathrooms, and a walk-out, lower-level family room. There are a separate washer and dryers for each tenant so there is no conflict come laundry day. The yard is big enough that there is plenty of room for everyone to hang out without crossing over each other. Located near the bus line for easy transportation. Bring your discs to play on the disc golf course right across the street! This is not the cookie cutter duplex you are used to!

Price History
5/21/2024 Listed $549,900

General Features

Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years,Asphalt
Garage Spaces 4
Construction Materials Vinyl Siding,Wood Siding
Year Built 1980
Electric Circuit Breakers
Tenant Pays Cable TV,Electricity,Fuel,Snow Removal,Trash Collection,Water
Levels Three Level Split
Tax Year 2024
Gross Income 42600
OwnerPays Insurance,Repairs,Taxes
Accessibility None
County Ramsey
New Construction No
Property Type Residential Income
Contingency None
Directions CO RD I TO SILVER LAKE RD SOUTH TO PROPERTY.
City Mounds View
Buyer Agent Compensation 2.70
High School District Mounds View
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 2
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 5478
Additional Parcels Y/N No
Days on Market 2
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Mounds View

Interior Features

Basement Finished,Walkout
Basement (Y/N) Yes
Above Grade Finished Area 1912
Below Grade Finished Area 725
Fuel Natural Gas
Garage Dimensions 21X19
Garage Square Feet 399

Exterior Features

Fencing Partial
Parking Features Attached Garage,Asphalt,Concrete
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.47
Lot Dimensions 102x202
Foundation Area 1912
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 55112

Price
AVG $440K
$550K
Taxes
AVG $5,149
$5,478
Visits
AVG 185
62
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1980

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