Pending: Minneapolis MLS# 6401680
Pending
$649,900
Multi-family: Triplex
Built 1960
2,436 sqft•0.14 acres
Minneapolis schools
MLS# 6401680
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Come see this extremely rare Linden Hills triplex! This is the first triplex on the market in this sought after neighborhood since 2015. Excellent opportunity for an investor or an owner-occupant. Additionally, this lot has the potential to be developed into a full apartment building, as it is ZONED R5. You or your tenants will love being close to the lakes and parks, plus the charming coffee shops, restaurants and boutiques of Linden Hills. This property has a 2 bed/2 bath unit (rent: $1550) with vaulted ceilings, a fireplace, and new stainless steel appliances, a 1 bed/1 bath unit (rent: $1095) with a fireplace, vaulted ceilings and a walk-in closet. The final unit is a spacious 1 bed/1 bath unit (rent: $1095) with an attached garage stall. All units have separate washer/dryers. Rents are below market. Showings will be Tuesdays 4-6pm and Saturdays 11-2pm.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$649,900
Price per sq ft:
$267
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1960
State:
MN
Property Style:
Triplex
Zip Code:
55410
Neighborhood/Area:
Linden Hills
Subdivision Name:
Waveland Park
Interior
Finished Area:
2,436 ft2
Living Area:
2,436 ft2
Basement Details:
Crawl Space
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Size:
572 ft2
Foundation Size:
1,688 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Detached
- Multiple Garages
Exterior Material:
Aluminum Siding
Lot & Land
Acres:
0.14
Geolocation:
44.923397, -93.326149
Lot Dimensions:
40 x 180
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Insurance Expense:
$5,000
Annual Gross Expense:
$8,000
Annual Trash Expense:
$1,500
Annual Water/Sewer Expense:
$1,500
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$8,884
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,884
Income
Annual Gross Income:
$44,880
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
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 Coldwell Banker Realty.
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.