Active
110 118th Avenue NE
Blaine MN, 55434
$1,100,000
$203.70 per sqft
Active
5,400 sqft
Multi-family
Built in 1979
Rare Investment Opportunity: Two Side-by-Side Duplexes (4-Unit Building) in Blaine.
Seize the chance to own two meticulously maintained, turn-key side-by-side duplexes (4-unit building) located across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park.
Each unit offers a split floor plan featuring two bedrooms, a full bathroom with a master walkthrough, and an open kitchen, dining, and living area on the upper level. The lower level includes a cozy family room with a wood-burning fireplace, a third bedroom, and a 3/4 bathroom.
This fully occupied fourplex boasts new exterior paint (2024) and newer garage doors with openers (2019). Each unit has a two-car garage and operates on separate utilities for gas, electricity, and water, ensuring efficient and hassle-free management.
Tenants are responsible for all utilities, including gas, electricity, trash, and water/sewer. They also handle snow removal and lawn maintenance, ensuring this is a low-maintenance investment.
* Current Market Value: Similar duplexes in Blaine typically value over $550,000 each, making this a smart investment with room for growth.
* Unit #110 recently underwent a kitchen remodel with new kitchen cabinets, granite countertops and a new refrigerator and stove. The unit received fresh paint throughout and luxury vinyl flooring on the upper level (kitchen, living room, dining, and 2 bedrooms) in 2024, and the basement also got newer carpet in 2022, making this unit highly attractive to quality tenants.
* Unit #112 was updated with granite countertops in the kitchen, along with a new stainless steel refrigerator and stove. The entire unit was freshly painted in 2023.
* Unit #114 underwent a kitchen remodel with granite countertops and new stainless steel appliances in 2018 and was further updated with luxury vinyl flooring on the upper level in 2024. The unit was freshly painted in 2022.
* Unit #116 received a kitchen remodel in 2019 with granite countertops, new stainless steel appliances, and plank flooring in the living room, kitchen, and dining areas. The entire unit was freshly painted in 2022.
Thanks to its excellent condition, recent updates, and strong rental history, this fourplex is an outstanding investment opportunity that you won't want to miss!
6601243
MLSⓇ ID
September 19, 2024
Listed
October 2, 2024
Updated
Map
110 118th Avenue NE
Blaine MN, 55434
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.55 Acres
Roof
Asphalt
Sewer
City Sewer/Connected
School Information
School District
Anoka-Hennepin
Other Property Details
Taxes
$7,832
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
8
Parking
Attached Garage, Asphalt, Tuckunder Garage
View
No
County
Anoka
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/19/2024 | Active | — |
Courtesy of Apex Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jacqueline Nguyen-Shulstad shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 1:05 AM UTC, 10/2/2024