For Sale: Minneapolis MLS# 6653644
Active Contingent
$650,000
Multi-family: Four Plex
Built 1921
4,196 sqft • 0.12 acres
Minneapolis schools
MLS# 6653644
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Property Description
Massive hard to find Cash flowing 4 unit building featuring 12 beds and 4 baths in Near North perfect for the owner occupier or investor alike. This building went through a significant remodel in 2020. All 4 units feature nice updated eat in kitchens with stone counter tops, 3 nice sized bedrooms, updated baths, and more. Each unit also has separate utilities and furnaces and there is a large parking area out back for off street parking.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$650,000
Price per sq ft:
$155
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1921
State:
MN
Property Style:
Four Plex
Zip Code:
55411
Neighborhood/Area:
Near - North
Subdivision Name:
Oak Park Add
Interior
Finished Area:
4,196 ft2
Living Area:
4,196 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,112 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Stucco
Lot & Land
Acres:
0.12
Geolocation:
44.988515, -93.305376
Lot Dimensions:
42.05 x 126.8
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:
$7,822
Annual Maintenance Expense:
None
Annual Gross Expense:
$9,022
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$95,472
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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.