305 Roosevelt Street Coleraine, MN ^$ 125,000

305 Roosevelt Street

^$ 125,000

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Recently Listed

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.

Multi-Family Active

Price

^$ 125,000

Bedrooms

Full Bath

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 Subject to Financing

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

Total Units 2

Carport Spaces 0

Street Name Roosevelt

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 13

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full Stone/Rock Storage Space Unfinished Walkout

Basement (Y/N) Y

Above Grade Finished Area 1840

Street Suffix Street

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

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

Lot Size Units Acres

Foundation Area 912

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 305

* Excluded Features

List By

Re/Max Thousand Lakes

Broker

tina.ladner@remax.net

Affordability Calculator

$1,010

Per Month

Monthly Principal & Interest: $831
Monthly Property Taxes: $180
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Multi-family listings in Coleraine, MN

Average List Price ^$125,000

Percent of Sale Price 0%

About Coleraine, MN

1,784 Population

7% Since 2002

^$52,037 Median Income

42.07 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709314 Elementary School

708993 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$125,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/28/2024.

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305 Roosevelt Street

Multi-Family Home for sale in Coleraine, MN

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