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For Sale:  Minneapolis MLS# 6695653

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Active NEW!
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1908
2,320 sqft • 0.14 acres
Minneapolis schools
MLS# 6695653
763-238-2146
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    Property Description

    Fall in love with this charming Tudor duplex + room to finish in basement, located just 1/2 block from Victory Memorial Parkway (border of MPLS and Robbinsdale)! Owner occupy the vacant lower unit (recently refreshed) or enjoy a cash flowing rental property (lease in place for upper unit at market rate). Featuring two living units and a newer roof (2020), the upper level offers 2 bedrooms plus an office and the main level has 2 bedrooms. Both units boast inviting sunrooms, updated bathrooms, wood floors, lots of natural light and updated kitchens (lower level kitchen fully renovated). The unfinished lower level-with scenic lookout windows-can serves as a hangout space and offers an opportunity to build instant equity. Ample storage and a laundry room (shared laundry and storage space) adds to the home's appeal. Enjoy nearby retail, dining, shops, groceries, coffee, parks, and bus lines - perfect for walking, biking, and fami y fun. Everything MPLS has to offer is minutes away!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $400,000
    Price per sq ft: $172
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1908
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55412
    Neighborhood/Area: Cleveland
    Subdivision Name: W J Lewis Add

    Interior

    Finished Area: 2,320 ft2
    Living Area: 2,320 ft2
    Ranges: One Per Unit
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 18x18
    Garage Size: 324 ft2
    Foundation Size: 1,120 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiator(s)
    Parking Features:
    • Asphalt
    • Detached
    Shared Amenities:
    • Common Laundry
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Stucco
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.14
    Geolocation: 45.020853, -93.317537
    Lot Dimensions: 47 x 126
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,266
    Annual Maintenance Expense: None
    Annual Gross Expense: $2,766
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Insurance, Repairs, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,096
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,096

    Income

    Annual Gross Income: $42,420

    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

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.