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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $98
Subdivision Gwynnco Add
MLS Listing ID 6776389
Year Built 1959
Annual Tax Amount $7,332
Tax Year 2025
Lot Size 0.270 Acres
Property Sub-Type Duplex Side by Side
Property Description
Investment Opportunity: Duplex in New Hope.
Discover the potential of this spacious duplex located at 3825 Oregon Ave. N in New Hope. This property features 4 bedrooms and 2 baths, offering ample space and versatility. While it requires some TLC, it presents a fantastic opportunity for those looking to invest in a property with significant upside potential.
Priced below market value, this duplex is being sold as-is, providing a unique chance to add value through renovations and updates. The property is currently on a month-to-month lease, generating rental income. However, the current rent is under market rates, offering the potential for increased revenue with adjustments.
This duplex is perfect for investors seeking a property with room for improvement and the opportunity to build equity. Don't miss out on this chance to invest in a property with great potential.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Exterior
Roof Type Age Over 8 Years
Building
Story One
Foundation 1584
Sewer City Sewer - In Street
Water City Water - In Street
Structure Type Fiber Board
New Construction false
Schools
School District Robbinsdale
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Andrew Atwood
Team Leader | Owner | Broker Associate | License ID: 40626463
Team Leader | Owner | Broker Associate License ID: 40626463