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$209,900  (list price)
$205,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1918
1,288 sqft • 0.17 acres
Minneapolis schools
MLS# 6514314
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    Property Description

    Lower unit now VACANT for potential owner occupant! Turnkey duplex with great rental history! These 2 bed 1 bath units feature updated kitchens & baths, new flooring, vinyl windows, and new entry way staircases. Amenities include a big fenced in backyard, shared deck, and an oversized two car garage with plenty of additional off street parking. Tenants are responsible for paying gas/heat. Upper unit is in a lease until 11/30/24 paying $1, 000. Plenty of room to raise up to market rate!

    Listing

    Contingency: None
    Price per sq ft: $163
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55412
    Neighborhood/Area: McKinley
    Subdivision Name: Bakers 4th Add

    Interior

    Living Area: 1,288 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 28 x 22
    Garage Size: 616 ft2
    Garage Door Height: 7
    Garage Door Width: 9
    Foundation Size: 788 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.17
    Geolocation: 45.016154, -93.287594
    Lot Dimensions: 157 X 46
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Insurance Expense: $1,356
    Annual Gross Expense: None
    Annual Water/Sewer Expense: $1,948
    Tenant Expenses: Gas

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,108
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,108

    Income

    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professional

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.