Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-591-6000
Shown By
Agent Name: Josh Laber
Agent Phone: (507) 316-7873
Agency Title: Counselor Realty
Property Description
Rare opportunity to own a side-by-side duplex with one side vacant for owner-occupancy and the other side leased month-to-month, offering immediate rental income. Each unit features 2 bedrooms, 1 bathroom, an attached garage stall, and access to a shared onsite laundry room conveniently located between the units. Situated on a spacious lot with large front and back yards, the property offers mature trees, plenty of shade, and ample on-street parking. Unit 7922 has seen recent cosmetic updates including new flooring, carpet, and freshly painted kitchen cabinets. This property presents a solid opportunity for investors looking to expand their portfolio or for an owner-occupant looking to offset their mortgage with rental income. Recent mechanical updates include a new furnace and water heater in 2024, along with a new laundry tub in 2025. Conveniently located near schools, parks, Mercy Hospital, public transportation, and several retail and shopping areas, this property offers easy access to everyday amenities for both tenants and future owners alike.
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7920 Terrace Road Ne, Spring Lake Park, MN 55432
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Estimated Payment
$ 2,343.10 per month $1,862.85 Principal & Interest $378.17 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
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7920 Terrace Road Ne, Spring Lake Park, MN 55432
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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7920 Terrace Road Ne | MLS# 7049215
This multi-family property located at 7920 Terrace Road Ne, Spring Lake Park, MN 55432 is currently listed for sale with an asking price of $350,000. Terrace Road Ne is located within the Spring Lake Park school district. Search Spring Lake Park real estate on jlaber.counselorrealtyofrochester.com today.