7680 Silver Lake Road Mounds View, MN $ 549,900
7680 Silver Lake Road
$ 549,900
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7680 Silver Lake Road

Mounds View, MN, 55112
$ 549,900
Bedrooms6 Baths2.2 Sq 2,637

Monthly Estimate*

$ 3,655

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Multi-Family Home for sale in Mounds View, MN

for $549,900 with 6 bedrooms and 2 full baths, 2 half baths. This 2,637 square foot home was built in 1980 on a lot size of 0.47.

Opportunity is knocking with this huge duplex sitting on nearly a half-acre of land! With rents over $3500/mo and no utility expenses, this property will cash flow for any serious investor. It is also the perfect place for an owner occupant to have the bulk of their mortgage covered by living in one side and renting the other. Each unit features a large main level including a spacious living room and oversized, eat in kitchen. Both sides have 3 bedroom, 2 bathrooms, and a walk-out, lower-level family room. There are a separate washer and dryers for each tenant so there is no conflict come laundry day. The yard is big enough that there is plenty of room for everyone to hang out without crossing over each other. Located near the bus line for easy transportation. Bring your discs to play on the disc golf course right across the street! This is not the cookie cutter duplex you are used to!

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Multi-Family Pending

Price

$ 549,900

Bedrooms

6

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 5,478

Style

Lot Size

0.47

Year Built

1980

Town/City

Mounds View

County/Region

Ramsey

MLS | Web ID

6539978

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 4
Construction Materials Vinyl Siding Wood Siding
Year Built 1980
Electric Circuit Breakers
Tenant Pays Cable TV Electricity Fuel Snow Removal Trash Collection Water
Levels Three Level Split
Tax Year 2024
Gross Income 42600
Accessibility None
County Ramsey
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Directions CO RD I TO SILVER LAKE RD SOUTH TO PROPERTY.
City Mounds View
Buyer Agent Compensation 2.70
High School District Mounds View
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 2
Lot Size Units Acres
Street Name Silver Lake
Land Lease Y/N N
Tax Annual Amount 5478
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 2
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Finished Walkout
Basement (Y/N) Y
Above Grade Finished Area 1912
Below Grade Finished Area 725
Fuel Natural Gas
Garage Dimensions 21X19
Garage Square Feet 399
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Exterior
Fencing Partial
Parking Features Attached Garage Asphalt Concrete
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.47
Lot Dimensions 102x202
Street Suffix Road
Foundation Area 1912
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 7680
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

DaveWidell@ReMax.net

Email

Affordability Calculator

$4,111
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$457
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
708433 Elementary School
709349 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$549,900 Listed Price

Map


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7680 Silver Lake Road, Mounds View, MN, 55112 is a Multi-Family Home for sale at $549,900 with 2,637 sqft and a lot size of 0.47. 7680 Silver Lake Road has 6 bedrooms, 2.2 baths, and was built in 1980. The property's zip code is 55112 which is in Mounds View, MN