4630 Jackson ST NE new Save Request In-Person Tour Request Virtual Tour
Hilltop,MN 55421
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $146
Subdivision Sheffield Acres
MLS Listing ID 6625147
Year Built 1935
Annual Tax Amount $8,157
Tax Year 2024
Lot Size 0.270 Acres
Property Description
Great investment opportunity! Presenting a remarkable duplex featuring two spacious 4-bedroom apartments, available at a price point that rivals many 1 or 2-bedroom duplexes. Currently, one unit is vacant while the other is generating rental income of $1,850 per month. Notably, PHA-approved rent for comparable 4-bedroom units exceeds $2,100 per month, offering a potential total rental income of $4,200. Historical owner expenses average approximately $1,000 per month, providing an attractive opportunity for good cash flow. This property also boasts a convenient 3-car garage, off-street parking, and laundry hookups, enhancing its appeal to prospective tenants. The duplex is well-maintained, though it experiences some water intrusion in the unfinished basement during periods of significant rainfall. Don't miss out on this exceptional investment opportunity to secure a property with strong income potential.
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Exterior
Garage Attached Garage,Tuckunder Garage
Garage Spaces 3.0
Fence Privacy,Wood
Roof Type Asphalt
Building
Story Two
Foundation 1966
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
New Construction false
Schools
School District Columbia Heights