For Sale: Circle Pines MLS# 7077994
Active
NEW!
$595,000
Multi-family: Fourplex
Built 1984
3,328 sqft • 0.35 acres
Centennial schools
MLS# 7077994
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Property Description
Great owner occupied building or good cash flow for an investor. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$595,000
Price per sq ft:
$179
Property Type:
Multi-family
City:
Circle Pines
Garage Spaces:
0
County:
Anoka
Year Built:
1984
State:
MN
Property Style:
Fourplex
Zip Code:
55014
Subdivision Name:
Ottes Add To Lexington
Interior
Bedrooms:
0
Bathrooms:
0
Finished Area:
3,328 ft2
Living Area:
3,328 ft2
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Foundation Size:
1,664 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Parking Lot
- Paved Lot
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Paved Streets
- Street Lights
Exterior Material:
Frame
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Laundry Closet
- Main Level
Lot & Land
Acres:
0.35
Geolocation:
45.135559, -93.170838
Lot Dimensions:
75 x 200
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
12
District Phone:
7637926000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Hot Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,910
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,910
Income
Annual Gross Income:
$60,480
Rent
Annual Net Income:
$43,380
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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.
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Listing provided by RMLS,
courtesy of Counselor Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.