For Sale: Minneapolis MLS# 6505508
Active
$962,900
Multi-family: Four Plex
Built 2001
5,400 sqft•0.17 acres
Minneapolis schools
MLS# 6505508
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Property Description
Excellent owner occupy or investment property. Well maintained and great rental history. Close to downtown, chain of lakes, Lyn/Lake, uptown and the bike trails on the midtown greenway. Walk score of 93, bike score of 96, and public transit close by. Built in 2001 as a 4 unit building. Separate gas and electric. All have private entrances, forced air heating, central air, gas fireplaces, and in unit washer/dryers. Main levels are open concept with hardwood and tile flooring. Dishwashers and breakfast bar in kitchens. Each unit having 2 large bedrooms with walk in closets and full baths. Privacy fence in backyard and a 4 car garage. Roof shingles, facia, and gutters will be new in June 2024.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$962,900
Price per sq ft:
$178
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
4
County:
Hennepin
Year Built:
2001
State:
MN
Property Style:
Four Plex
Zip Code:
55404
Neighborhood/Area:
Whittier
Subdivision Name:
J T Blaisdells Rev Add
Interior
Finished Area:
5,400 ft2
Living Area:
5,400 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Egress Window(s)
- Finished
Exterior
Stories:
Two
Garage Spaces:
4
Foundation Size:
1,800 ft2
Fencing:
Partial, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Assigned
- Detached
- Garage Door Opener
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Sidewalks
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.17
Geolocation:
44.957907, -93.280095
Lot Dimensions:
44 x 165
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$3,000
Annual Electric Expense:
$190
Annual Insurance Expense:
$9,000
Annual Maintenance Expense:
$4,200
Annual Gross Expense:
$23,150
Annual Water/Sewer Expense:
$4,260
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$15,484
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$15,484
Income
Annual Gross Income:
$81,960
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Edina Realty, Inc..
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.