$474,900

8071 Buchanan Street NE, Spring Lake Park, MN 55432


8071 Buchanan Street NE Spring Lake Park, MN 55432

For Sale MLS# 6217619

10 beds 4 baths 3,584 sq ft Multi-family

Data current as of {{getLocalTime('2022-06-27T18:25:34Z')}}

Details for 8071 Buchanan Street NE

MLS# 6217619

Description for 8071 Buchanan Street NE, Spring Lake Park, MN, 55432


Rare to find Two Stories, 5 bedrooms in each unit, side by side duplexes in the heart of Spring Lake Park. Between Fridley & Blaine and the border of Mounds View and New Brighton. Less than a half block away from Central Ave, easy access to Hwy 10. Long-term Section 8 tenants. Rent $1800 per unit. Unit #1 has been there since 2011, lease was renewed 05/2022. Unit #2, has been there for at least 5 years, leased ended 9/2022, and they would like to renew the lease. Tenants are paying all utilities including trash & water (the City splits the water bills between 2 units). The owner pays for snow removal $800 per season. The building was built as a 4 flex originally & the owner converted it to a duplex in 2011. Agent/buyer to verify all information.

Listing Information


Property Type: Multi-family, Duplex Side by Side

Status: Active

Bedrooms: 10

Bathrooms: 4

Lot Size: 0.33 Acres

Square Feet: 3,584 sq ft

Year Built: 1964

Foundation: 1,798 sq ft

Garage: No

Stories: 2

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Auditors Sub 124

Builder:

Foundation:

Total Units: 2

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Anoka

Days On Market: 17

HERS Score:

Construction Status: Previously Owned

School Information


District: 16 - Spring Lake Park

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 4

Interior Features


Square Footage above: 3,584 sq ft

Square Footage below:

Flooring:

Basement: None

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Description: Uncovered/Open, Driveway - Shared, Driveway - Asphalt, Garage Sq Ft - 0.00

Exterior: Stucco, Brick/Stone

Roof: Asphalt Shingles, Age 8 Years or Less

Lot View:

Lot Dimensions: 165x96

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Tree Coverage - Medium, Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 1

Monthly Rent: 1800

Total Baths: 2

Total Bedrooms: 5

Total Rooms: 10

Number of Units Like This: 1

Monthly Rent: 1800

Total Baths: 2

Total Bedrooms: 5

Total Rooms: 10

Driving Directions


65 North, right on 81st Ave, right on Buchanan, 1st building on the left.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Cable T.V.,Electric,Fuel,Lawn,Trash,Water/Sewer

Owner Pays: Insurance,Snow,Taxes

Annual Income: $43,200

Annual Expense: $5,000

Ownership Type:

Tax/Property ID: 013024310072

Tax Amount: $5,258

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$499,000 Original Price
$474,900 Current Price
-$24,100 Total Change
Date Price Change
6/23/2022 02:17 PM $474,900 -$24,100
6/10/2022 02:20 PM $499,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 8071 Buchanan Street NE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings