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 Sandy Dewall 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

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