Pending: Minneapolis MLS# 6501005
Pending
$850,000
Multi-family: Duplex Side by Side
Built 1949
4,644 sqft•0.15 acres
Minneapolis schools
MLS# 6501005
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Property Description
Multiple offers received - deadline for all offers to be due by 11:59pm tonight with a decision to be made first half of day tomorrow. Donââ¬â¢t miss this amazing opportunity to own an extremely rare duplex in the incredible Kenwood neighborhood! This is an owner occupants dream. The 1820 side was recently remodeled with a beautiful gourmet kitchen and a large owner's suite. It has an abundance of natural light, an open floor-plan and every aspect has been beautifully updated. The 1818 side includes a 4 season porch, a brand new gas fireplace, a custom oven, built-ins and brings in $2699 per month in rental income. The tenant lease has more than 2 years remaining. Given its close proximity to the lakes and being kitty corner to Kenwood Park, this property has always attained attractive rental income and high quality tenants. New roof in 2024. This is a perfect house for someone who wants to live in a million dollar neighborhood while only paying a fraction of the cost.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$850,000
Price per sq ft:
$183
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1949
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55403
Neighborhood/Area:
Lowry Hill
Subdivision Name:
Lakeview Addition
Interior
Finished Area:
4,644 ft2
Living Area:
4,644 ft2
Basement Details:
- Block
- Finished
- Full
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
27x15
Garage Size:
405 ft2
Foundation Size:
2,604 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Tuckunder Garage
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.15
Geolocation:
44.966572, -93.302715
Lot Dimensions:
135 x 50
Addl Parcels:
2802924310116
Zoning:
Residential-Single Family
Lot Description:
Zero Lot Line
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,825
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$10,825
Income
Annual Gross Income:
$30,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 RE/MAX Results.
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.