Offmarket Renovated Duplex in Mound, MN

[Bilal A.]

Totally Renovated Offmarket Duplex in Mound, MN, few steps away from the lake with lake views. Mound is an affluent suburb 25 minutes away from the city of Minneapolis. $1+ mil homes right next door on the lake. Close to kids park, beach, and boat launch. 9 and 10 rated schools. Located on a peninsula with no through traffic and very safe/quiet setting with SFRs. 

The smaller unit is currently occupied and leased till May 2019 and the larger unit will be empty by Nov 7th, 2018. 

PLEASE DO NOT DISTURB THE TENANTS. 

The property was completely renovated on the inside in the beginning of 2018 with additional changes by the current owner in the last 6 months. Here are the highlights:

New Appliances in each unit (refrigerator, electric stove, microwave, washer/dryer, dishwasher)

New Carpet, Paint, Granite Counter tops, Tile & Marble in kitchen and bathrooms

New PEX and copper piping, faucets, bathroom vanities

New Boiler and individual water heaters

New window screens and Wall AC units

Gas Fireplaces installed in each unit

1 car garage parking and 1 car reserved parking space for each unit

ALL UTILITIES ARE PAID BY THE TENANTS OR BILLED TO THEM. The only expense paid by the owner is $60 per month on average for biweekly lawn mowing and snow removal as needed. The rent for the smaller unit could easily be raised to $1050 per month and for the larger unit to $1300 per month.

2018 property tax: $2783.34

Showings are BY APPOINTMENT ONLY. PLEASE DO NOT DISTURB THE TENANTS. Only the larger unit will be available for viewing. The smaller unit can be viewed/inspected during the option period. Just message me directly with questions or showing appointments. Seller is a realtor and will not be paying a buyer's agent commission. Images can be viewed at the link below:

1585 Gull Ln Pictures