1398 25th Street NW, New Brighton, MN 55112

$500,000
5
BD
3
BA
2,716
SqFt

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List Price
$500,000
MLS#
7129166
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
5
Bathrooms
3
Living Area
2,716
Acres
0.35
Subdivision
Iron Works
Year Built
1965

Property Description

Rare investment opportunity in a highly desirable New Brighton location adjacent to Irondale High School and convenient to Long Lake Road, parks, and major roadways. This well-established property features a 3-bedroom, 2-bath on the main/lower level and 2-bedroom, 1-bath on the upper level. The main and upper levels have similar bedroom sizes with the main-level unit offering slightly more living space and the upper unit featuring a large private sundeck. The lower level walks out to the back yard. This lower level offers an excellent opportunity for an extended number of residents from a main or upper level lease. Long-term tenants add to the appeal for investors looking for an established rental property. Owner occupants can purchase this property with as little as 3-5% down and maybe reside in the basement with approval from authorities. Leases are month to month with 60-day notices. Situated on a corner lot, the fenced backyard backs to a wooded area, providing added privacy and outdoor space. A detached 2-car garage provides additional parking and storage. New washer and dryer in common area. Smoke detectors and carbon monoxide detectors have all been updated per code. City inspection recently completed. Whether you're looking for an income-producing duplex or owner-occupied investment, this property offers plenty of possibilities in a great location!

Additional Information

School District
Mounds View
Amenities Shared
Laundry
Tax Year
2026
Fencing
Chain Link
Fuel
Natural Gas
Lot Description
Corner Lot
Sewer
City Sewer/Connected
Roof
Age Over 8 Years, Asphalt
Topography
Walkout
Heating
Boiler, Hot Water
Water
City Water/Connected
Basement
Block, Daylight/Lookout Windows, Finished, Full, Kitchenette, Walkout
Parking
Detached Garage
Garage Spaces
2
Dp Resource
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Classic Realty.

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