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For Sale:  New Hope MLS# 7108227

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Active NEW!
$530,000
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 4 ba • Built 1979
3,162 sqft • 0.33 acres
Robbinsdale schools
MLS# 7108227
763-576-8286
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    Property Description

    Spacious side-by-side duplex in a desirable New Hope neighborhood surrounded by single-family homes. Built in 1979, this well-maintained property features two spacious units, each offering 4 bedrooms, 2 bathrooms, and an attached 2-car garage. Updated kitchens provide modern appeal, while large decks overlook the expansive backyard, creating an ideal space for outdoor entertaining or relaxing. Each unit offers generous living space and a functional floor plan that appeals to both owner-occupants and tenants. The quiet residential setting, combined with the size and amenities of each unit, makes this an outstanding investment opportunity or owner-occupied property with rental income potential. Don't miss this rare opportunity to own a duplex with large units, attached garages, updated interiors, and an excellent location close to parks, schools, shopping, dining, and convenient highway access.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $530,000
    Price per sq ft: $168
    Property Type: Multi-family
    City: New Hope
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1979
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55427
    Subdivision Name: Fleetwood Estates

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 3,162 ft2
    Living Area: 3,162 ft2
    Basement Details: Full

    Exterior

    Stories: Three Level Split
    Garage Spaces: 4
    Garage Size: 504 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 2,066 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage

    Rooms

    Laundry: Laundry Room

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.33
    Geolocation: 45.009451, -93.395935
    Lot Dimensions: 180 x 85 x 165 x 84
    Zoning: Residential-Multi-Family

    Schools

    School District: 281
    District Phone: 7635048000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $5,376
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Grounds Care, Lawn Care

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,373
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,373

    Income

    Annual Gross Income: $55,800

    Rent

    Annual Net Income: $38,951

    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 Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.