For Sale: Minneapolis MLS# 6527261
Active
$475,000
Multi-family: Duplex Up and Down
Built 1974
1,839 sqft•0.12 acres
Minneapolis schools
MLS# 6527261
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Property Description
HOT investment opportunity in Northeast Minneapolis! Live for less in this DUPLEX in a prime location close to coffee shops, breweries and highway access. Each unit has two generous bedrooms, a full bathroom and its own attached garage stall. This well maintained property has vinyl windows, updated mechanicals, one year old roof and updates throughout the interiors. The upper level unit features a large kitchen with an open view into the dining space & living room, while the lower level unit includes an eat-in kitchen with stainless steel appliances. Shared on-site laundry. Professionally installed additional insulation between the top and bottom units provides a sound barrier you and your tenants will love. Don't miss the chance to own this property, perfect for owner occupants and wealth-building opportunities!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$258
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1974
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
St. Anthony East
Subdivision Name:
Sibley Add To St Anth
Interior
Finished Area:
1,839 ft2
Living Area:
1,839 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Size:
500 ft2
Foundation Size:
918 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
- Garage Door Opener
- Shared Garage/Stall
- Storage
Shared Amenities:
Common Laundry
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
44.99704, -93.250258
Lot Dimensions:
40X129
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- 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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$1,980
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,980
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$6,263
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,263
Income
Annual Gross Income:
$33,480
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty Lake Minnetonka.
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.