Great investment opportunity! Perfect opportunity for an owner occupant to live in one side and rent the second one out or rent out both units! Side by side duplex 3 bedrooms/2 baths and 2 car attached garage in both sides. Each unit has the possibility of adding one more bedroom and one bathroom in the basement. Both units are fully updated and are in move-in ready condition. Each unit features an open floor plan on the main level, new kitchen cabinets, granite counter-tops, newer SS appliances, windows, updated doors, newer flooring, paint and all 4 bathrooms have been updated. Newer garage doors. Each side has 1 deck and 1 porch. Master bedroom and bathroom on the main level. Each side has its own laundry room in the basement with washer and dryer. Close to shopping, parks and lakes. Schedule a showing today!
Excellent Investment Opportunity! This RARE opportunity to own a meticulously maintained, turn-key side-by-side 3-unit building, BUILT IN 1995, is ready to generate income from day one Located in a prime location, each unit operates with separate utilities, including gas, electricity, and water meters, ensuring a smooth and hassle-free management experience. The property also features low-maintenance vinyl siding, open vaulted ceilings in the living rooms, and a two-car garage for each unit, combining convenience with style. A truly low-maintenance investment, tenants are responsible for all utilities, including electric, gas, trash, water/sewer, and even take care of snow removal and lawn maintenance. • Unit #2811 (4-bed/2-bath) has been recently updated with luxury vinyl flooring on the main and upper levels and newer carpet in the basement. In 2023, this unit was further upgraded with a new stainless steel refrigerator and stove, as well as a newer washer and dryer—making it perfect for attracting high-quality tenants! • Unit #2815 (3-bed/2-bath) features luxury vinyl flooring throughout and was also upgraded in 2023 with a new stainless steel refrigerator and stove, providing modern amenities that make it highly desirable to prospective renters. • Unit #2819 (4-bed/2-bath) offers recent updates as well, including luxury vinyl flooring on the main level and a new stainless steel stove and dryer installed in 2023, ensuring a contemporary and attractive living space. The property also boasts a large, fully fenced backyard with a privacy fence, creating a secure and private environment that is highly appealing to residents. Thanks to its excellent condition, recent updates, and strong rental history, this triplex is an outstanding investment opportunity that you won’t want to miss!
The median home value in Coon Rapids, MN is $325,000. This is higher than the county median home value of $247,600. The national median home value is $219,700. The average price of homes sold in Coon Rapids, MN is $325,000. Approximately 74.12% of Coon Rapids homes are owned, compared to 23.18% rented, while 2.71% are vacant. Coon Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Coon Rapids real estate agent to arrange a tour today!
Coon Rapids, Minnesota has a population of 62,342. Coon Rapids is less family-centric than the surrounding county with 29.95% of the households containing married families with children. The county average for households married with children is 34.44%.
The median household income in Coon Rapids, Minnesota is $68,586. The median household income for the surrounding county is $76,796 compared to the national median of $57,652. The median age of people living in Coon Rapids is 38.2 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.9 inches per year, with 55.9 inches of snow per year.