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For Sale:  Circle Pines MLS# 7138568

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Active
$475,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 4 ba • Built 1986
1,920 sqft • 0.36 acres
Centennial schools
MLS# 7138568
763-576-8286
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    Property Description

    1986-built side-by-side duplex featuring two 3BR/2BA units, each with an attached 1-car garage, plus a large yard on a quiet cul-de-sac. All 3 bedrooms are located on the upper level. Tenants pay ALL utilities—including heat, electric, water and trash—and also handle lawn care and snow removal, helping keep owner-paid operating expenses low. One unit is occupied by a long-term tenant, with the second unit currently available for owner occupant or lease. Property to be sold together with neighboring duplex at 9320/22 Ryan Place—a unique opportunity to acquire 4 rental units side-by-side in one location.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $475,000
    Price per sq ft: $247
    Property Type: Multi-family
    City: Circle Pines
    Garage Spaces: 2
    County: Anoka
    Year Built: 1986
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55014
    Subdivision Name: Lexington Park

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 1,920 ft2
    Living Area: 1,920 ft2
    Refrigerators: One Per Unit
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 960 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Frame
    Pool: None
    Roof Details: Age Over 8 Years

    Rooms

    Laundry: In Unit

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.36
    Geolocation: 45.140849, -93.170419
    Lot Dimensions: TBD
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Farm

    Topography: Level

    Schools

    School District: 12
    District Phone: 7637926000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,912
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas, Lawn Care, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,098
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,098

    Income

    Annual Gross Income: $47,040
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $38,030

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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