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Active NEW!
$625,000
/mo Edit
Multi-family:  Duplex Up and Down
9 br • 6 ba • Built 1981
4,851 sqft • 0.5 acres
Robbinsdale schools
MLS# 7156774
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    Property Description

    A truly unique opportunity offering exceptional space, flexibility, and income potential! The main home features 7 bedrooms and 5 baths, plus a legally permitted and separately zoned 2-bedroom, 1-bath apartment above the garage with its own address and separately metered utilities. Previously leased for years and now vacant, the apartment offers tremendous flexibility for rental income, extended family, a private office, or studio. Inside the main home, you'll find an impressive combination of formal and casual living spaces, including a family room with a striking wood-burning fireplace surrounded by genuine amethyst, formal living and dining rooms, a den, and a dedicated amusement room. Oak hardwood floors extend through the family room, den, kitchen, and dining room, while the spacious kitchen features solid oak cabinetry, a pantry, and included appliances. The private primary suite includes a ¾ bath, walk-in closet, and its own second-story deck. A separate lower-level guest suite with full bath provides another great option for extended family or long-term guests, and the lower level even includes a soundproof recording booth. Additional highlights include main-level laundry, hydronic baseboard heat, central air, a whole-home standby generator, and a heated and insulated 3-car garage. Outside, enjoy two decks, a circular paved backyard fire pit, and a raised fireplace on the apartment patio. Fantastic location within walking distance of Welcome Park, approximately ½ mile from downtown Robbinsdale's shops and restaurants, and less than ½ mile from the Crystal Lake and Twin Lakes Regional Bike Trails with paved connections to Crystal Lake and the Minneapolis Grand Rounds. A rare property offering incredible versatility in a convenient Robbinsdale location!

    Listing

    Contingency: None
    Price per sq ft: $129
    City: Robbinsdale
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55422
    Subdivision Name: North Lilac Terrace

    Interior

    Living Area: 4,851 ft2
    Refrigerators: Two
    Basement Details:
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: Four or More Level Split
    Garage Spaces: 3
    Garage Dimensions: 30 x 23
    Garage Size: 660 ft2
    Foundation Size: 2,378 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Forced Air
    Parking Features:
    • Concrete
    • Tuckunder Garage
    Road Frontage: City Street
    Exterior Material: Block
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.5
    Geolocation: 45.038373, -93.348712
    Lot Dimensions: 59 x 391
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 281
    District Phone: 7635048000

    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: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,850
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,850

    Income

    Annual Gross Income: $12,000

    Rent

    Annual Net Income: $10,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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