305 Roosevelt Avenue

Coleraine, MN 55722

$125,000
Price
Beds
1,840 Sq. Ft.
$68 / Sq. Ft.
1,840
Sq. Ft.
$68
per Sq. Ft.

Description

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 $$$. It really is that easy. Step 2. Homestead this property. Taxes are now cut in half. Step 3. Pay extra on your mortgage. Step 4. RE FI property, use equity to level up yet AGAIN! You're welcome. Unit 1 - 3 bdrm, 2 bath, deck, garage, coin W/D. Unit 2 - 2 bdrm, 1 bath, deck, coin W/D.Are you ready to elevate your money-making abilities? Here we go! Welcome to house hacking. Live in one unit, rent out the other, and make $$$. 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.
  1. Listed by RE/MAX THOUSAND LAKES

Property Details for 305 Roosevelt Avenue

Subdivision Name
Coleraine
Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of RE/MAX THOUSAND LAKES
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LISTING UPDATED: 05/23/2024 08:03 PM

Property Details for 305 Roosevelt Avenue

StatusActive Under Contract
MLS #6533880
Days on Compass13
Taxes$2,154 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1915
Lot Size0.11 AC / 4,791 SF
CountyItasca County

Location

Listing Courtesy of RE/MAX THOUSAND LAKES
Add your commute

Building Information for 305 Roosevelt Avenue

Stories-Residences2Year Built1915Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$862 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 Roosevelt Avenue

Summary
Location and General Information
  • City Name: Coleraine
  • County Or Parish: Itasca
  • County: Itasca-MN
  • 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.
  • Latitude: 47.28899
  • Longitude: -93.425169
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Coleraine
  • City and Location Text: Coleraine(MN)
  • Postal Code: 55722
  • State Or Province: MN
  • Public Survey Township: 56
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 884100530
  • Tax Annual Amount: $2,154.00
  • Tax Legal Description: COLERAINE LOT 7 & E 15.5' OF LOT 8 LESS S 7' BLK 5
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 2154.0000
School Information
  • High School District: 316 - Greenway
  • School District Number: 316
  • School District Phone: 218-247-7306
Property
Lot Information
  • Above Grade Fin SQFT: 1840.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1840.0
  • Lot Features: Irregular Lot
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 118 x 40
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 1069.0000
  • Above Grade SqFt Total: 1840.0000
  • Below Grade SqFt Total: 912.0000
  • Sqft Total: 2752.00
Property and Assessments
  • Age Of Property: 109
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: None
  • Fencing: None
  • Foundation Area: 912.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Deck,Front Porch,Terrace
Interior Features
  • Basement Type: Full, Stone/Rock, Storage Space, Unfinished, Walkout
  • DP Resource: Y
  • Garage Dimensions: 16 x 20
  • Garage Door Height: 8
  • Garage Square Feet: 320
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Deck,Main Floor Primary Bedroom
  • Unit Appl: Dishwasher,Dryer,Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 10
  • Unit SqFt: 1069
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 11400
Unit 2
  • Unit Amenities: Ceiling Fan(s),Deck,Kitchen Center Island,Main Floor Primary Bedroom,Walk-In Closet
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 100.00
  • Unit Rooms Total: 7
  • Unit SqFt: 800
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 10000
  • Unit Furnished: No

Property History for 305 Roosevelt Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 Roosevelt Avenue

Taxable ValueLand$4,800Additions$107,900Total$112,700
Tax Record2024$2,154 ($180 / month)
Home Facts
Beds5Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1915CountyITASCAAPN88-410-0530

Schools near 305 Roosevelt Avenue

This home is within Greenway Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Vandyke Elementary School
PublicPK to 4

Connor-Jasper Middle School
Public5 to 8

Greenway Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX THOUSAND LAKES

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/23/2024 08:03 PM