For Sale: Minneapolis MLS# 6657447
Active
$365,000
Multi-family: Duplex Side by Side
Built 1946
2,556 sqft • 0.12 acres
Minneapolis schools
MLS# 6657447
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Property Description
Fantastic cash flow opportunity for investors! This well-maintained duplex features two spacious units, each offering 2 bedrooms, 2 bathrooms, and its own set of appliances, including a washer and dryer. Hardwood floors add warmth and charm, while the newly updated kitchen cabinets and countertops provide a fresh, modern touch. With separate utilities and a desirable layout, this property is perfect for generating steady rental income. Donâ??t miss out on this prime investment!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$365,000
Price per sq ft:
$143
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1946
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55412
Neighborhood/Area:
Victory
Subdivision Name:
Thorpe Bros William Penn Add
Interior
Finished Area:
2,556 ft2
Living Area:
2,556 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
One
Garage Spaces:
2
Foundation Size:
1,356 ft2
Fencing:
Chain Link, Full, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Stucco
Lot & Land
Acres:
0.12
Geolocation:
45.02605, -93.313847
Lot Dimensions:
40.00 x 126.40
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- 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:
$3,100
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,500
Tenant Expenses:
Electricity, Gas, Grounds Care, Snow Removal, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,403
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,403
Income
Annual Gross Income:
$37,200
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
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 eXp 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.