305 Roosevelt Street Coleraine, MN $ 125,000
305 Roosevelt Street
$ 125,000
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305 Roosevelt Street

Coleraine, MN, 55722
$ 125,000
Bedrooms5 Baths3.0 Sq 1,840

Monthly Estimate*

$ 831

305 Roosevelt Street, Coleraine, MN 55722 - Image 1

Multi-Family Home for sale in Coleraine, MN

for $125,000 with 5 bedrooms and 3 full baths. This 1,840 square foot home was built in 1915 on a lot size of 0.11.

Are you ready to elevate your money-making abilities? Here we go! Welcome to house hacking. Live in one unit, rent out the other, and make $$$. It really is that easy. Step 2. Homestead this property. Taxes are now cut in half. Step 3. Pay extra on your mortgage. Step 4. RE FI property, use equity to level up yet AGAIN! You're welcome. Unit 1 - 3 bdrm, 2 bath, deck, garage, coin W/D. Unit 2 - 2 bdrm, 1 bath, deck, coin W/D.

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Multi-Family Pending

Price

$ 125,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,154

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1915

Town/City

Coleraine

County/Region

Itasca

MLS | Web ID

6533880

Features
General
Sewer City Sewer - In Street
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 1
Construction Materials Wood Siding
Year Built 1915
Electric 200+ Amp Service
Tenant Pays Cable TV Grounds Care
Topography Level
Levels Two
Property SubType Duplex Up and Down
Tax Year 2023
Gross Income 25000
Accessibility None
County Itasca
Operating Expense 18400
Insurance Expense 1500
New Construction N
Property Type Residential Income
Association Amenities None
Contingency None
Subdivision Name Coleraine
Directions Take HWY 169 E turn (R) on KERR AVE. Go 2 BLKS turn (L) on Roosevelt Street. Building on LEFT. Blue & White tall building. Hard to miss. Next to Locker Room Bar & Grill.
City Coleraine
Buyer Agent Compensation 2.20
High School District Greenway
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 2
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 2154
Electric Expense 2400
Fuel Expense 1800
Trash Expense 360
Water Sewer Expense 2160
Additional Parcels Y/N N
Days on Market 24
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Stone/Rock Storage Space Unfinished Walkout
Basement (Y/N) Y
Above Grade Finished Area 1840
Below Grade Finished Area 0
Foundation Dimensions 24 x 38
Fuel Natural Gas
Garage Dimensions 16 x 20
Garage Door Width 8
Garage Square Feet 320
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Exterior
Fencing None
Parking Features Detached
Lot Features Irregular Lot
Water Source City Water - In Street
Lot Size Area 0.11
Lot Dimensions 118 x 40
Foundation Area 912
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 305
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* Excluded Features
List By
Re/Max Thousand Lakes

Broker

tina.ladner@remax.net

Email

Affordability Calculator

$1,010
Per Month
82%
18%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709314 Elementary School
708993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$125,000 Listed Price

Map


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305 Roosevelt Street, Coleraine, MN, 55722 is a Multi-Family Home for sale at $125,000 with 1,840 sqft and a lot size of 0.11. 305 Roosevelt Street has 5 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 55722 which is in Coleraine, MN