4630 Jackson ST NE Pending

Hilltop,MN 55421

$ 375000

- Bed

- Bath

2554 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Pending

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

Contingent None

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 87x139

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

Rooms

Basement Egress Window(s),Full,Partially Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features 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

Level or Stories Two

Structure Type Vinyl Siding

New Construction false

Schools

School District Columbia Heights

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