8071 Buchanan Street NE, Spring Lake Park, MN 55432

$435,000
3,584
SqFt
Sold Price
$435,000
List Price
$445,000
Closing Date
Jul 26, 2022
MLS#
6217619
Status
CLOSED
Type
Multifamily
Style
(MF) Duplex Side X Side
Living Area
3,584
Acres
0.33
Subdivision
Auditors Sub 124
Year Built
1964

Property Description

Rare to find Two Stories, 5 bedrooms in each unit, side by side duplexes in the heart of Spring Lake Park. Between Fridley & Blaine and the border of Mounds View and New Brighton. Less than a half block away from Central Ave, easy access to Hwy 10. Long-term Section 8 tenants. Rent $1800 per unit. Unit #1 has been there since 2011, lease was renewed 05/2022. Unit #2, has been there for at least 5 years, leased ended 9/2022, and they would like to renew the lease. Tenants are paying all utilities including trash & water (the City splits the water bills between 2 units). The owner pays for snow removal $800 per season. The building was built as a 4 flex originally & the owner converted it to a duplex in 2011. Agent/buyer to verify all information.

Additional Information

School District
Spring Lake Park
Amenities Shared
None
Tax Amount
$5,258
Tax Year
2022
Fuel
Natural Gas
Lot Description
Corner Lot, Tree Coverage - Medium
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
None
Parking
Asphalt, Shared Driveway, Open
Dp Resource
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Counselor Realty, Inc.. Selling Office: .

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