DUPLEX FOR SALE - LoopNet · SALE PRICE: $349,900 NUMBER OF UNITS: 2 LOT SIZE: 0 Acres BUILDING...
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Each Office Independently Owned and Operated kwcommercial.com KW COMMERCIAL 7365 Kirkwood Court N Maple Grove, MN 55369 We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. AMBER LANGE Broker 0: 763.226.7911 C: 763.226.7911 [email protected] OFFERING SUMMARY SALE PRICE: $349,900 NUMBER OF UNITS: 2 LOT SIZE: 0 Acres BUILDING SIZE: 3,080 SF PROPERTY OVERVIEW Fantastic investment opportunity! Great cash 7owing up and down duplex with a 2 car garage for sale! The upper unit has 4 bedrooms and 1 bathroom, and the lower unit has 2 bedrooms and 1 bathroom. Brand new roof, gutters, and carpet have been installed, freshly painted exterior and interior, newly landscaped yard, and newer windows and furnaces. Great for an investor or an owner occupant! Conveniently located close to restaurants, highways, public transportation, shopping, parks and more. PROPERTY HIGHLIGHTS • Up and down duplex • 2 car garage • Brand new roof, gutters, and carpet • Freshly painted exterior and interior • Newly landscaped yard • Newer windows and furnaces 3032 3rd Ave S, Minneapolis, MN 55408 DUPLEX FOR SALE
Transcript of DUPLEX FOR SALE - LoopNet · SALE PRICE: $349,900 NUMBER OF UNITS: 2 LOT SIZE: 0 Acres BUILDING...
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
OFFERING SUMMARY
SALE PRICE: $349,900
NUMBER OF UNITS: 2
LOT SIZE: 0 Acres
BUILDING SIZE: 3,080 SF
PROPERTY OVERVIEW
Fantastic investment opportunity! Great cash 7owing up and down
duplex with a 2 car garage for sale! The upper unit has 4 bedrooms
and 1 bathroom, and the lower unit has 2 bedrooms and 1 bathroom.
Brand new roof, gutters, and carpet have been installed, freshly
painted exterior and interior, newly landscaped yard, and newer
windows and furnaces. Great for an investor or an owner occupant!
Conveniently located close to restaurants, highways, public
transportation, shopping, parks and more.
PROPERTY HIGHLIGHTS
• Up and down duplex
• 2 car garage
• Brand new roof, gutters, and carpet
• Freshly painted exterior and interior
• Newly landscaped yard
• Newer windows and furnaces
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
PRO FORMA Purchase Price $349,900Down Payment $17,495Interest Rate 4.00%Am Rate(years) 30Units 2
IncomeRent $32,400Laundry $0Less Vacancy $0Total $32,400.00
Expenses(2018 Actual)Taxes $3,273.00Heat $0.00Electricity $0.00Insurance $1,500.00Water/Sewer/Garbage $2,400.00Trash $0.00Maintenance $0.00Lawn/snow $500.00legal/acct/fees $0.00Total $7,673.00
Net Operating Income $24,727.00Primary ($19,043.43)Annual Profit $5,683.57
Cash on Cash 32.49%Cash on Cash with princ 65.34%Capitilization Rate 7.07%Interest pmt $13,296Principal pmt $5,747
3032 3RD AVE S, MINNEAPOLIS MNINVESTMENT ANALYSIS
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL7365 Kirkwood Court N
Maple Grove, MN 55369
We obtained the information above from sources we believe to be reliable. However, we have not veri*ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or *nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
AMBER LANGEBroker
0: 763.226.7911
C: 763.226.7911
POPULATION 0.5 MILES 1 MILE 1.5 MILES
Total Population 10,939 44,428 98,583
Median age 29.1 29.2 29.6
Median age (Male) 30.2 30.0 30.2
Median age (Female) 27.7 28.2 28.9
HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES
Total households 3,892 17,893 44,052
# of persons per HH 2.8 2.5 2.2
Average HH income $40,079 $43,518 $45,776
Average house value $270,298 $242,204 $232,836
* Demographic data derived from 2010 US Census
3032 3rd Ave S, Minneapolis, MN 55408
DUPLEX FOR SALE
