For Sale: Minneapolis MLS# 6642108
Active
NEW!
$329,000
Multi-family: Duplex Up and Down
Built 1901
2,472 sqft • 0.16 acres
Minneapolis schools
MLS# 6642108
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Property Description
Incredible Investment Opportunity! This up-and-down duplex is perfect for investors or owner-occupants looking to tap into its potential. Currently rented by the room on flexible month-to-month leases. The spacious, unfinished attic offers the chance to add a third unit or expand the upper-level living space, creating additional value and rental income. Located in an up-and-coming neighborhood with new apartment developments being built next door, this property is positioned for future growth. With easy access to shopping, major freeways, and public transportation, itâ??s a great opportunity to invest in an area that is undergoing change. Donâ??t miss the chance to make this versatile property your next investment!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$329,000
Price per sq ft:
$133
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1901
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55411
Neighborhood/Area:
Near - North
Subdivision Name:
Gales Sub Sherburne Beebe Add
Interior
Finished Area:
2,472 ft2
Living Area:
2,472 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,236 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Gravel
- Unassigned
Shared Amenities:
- Coin-op Laundry Owned
- Common Laundry
- Patio
- Porch
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.16
Geolocation:
44.99804, -93.291478
Lot Dimensions:
44 x 154
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Gross Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,447
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,447
Income
Annual Gross Income:
$38,160
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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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.
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!
Listing provided by RMLS,
courtesy of Real Broker, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.