For Sale: Minneapolis MLS# 6673455
Active
$369,000
Multi-family: Duplex Up and Down
Built 1926
2,034 sqft • 0.18 acres
Minneapolis schools
MLS# 6673455
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Property Description
South Minneapolis solid up/down duplex on corner lot, fully rented w/long term tenants. Beautiful hardwood floors, original woodwork w/built in hutch, front and rear entrances, 2 car shared ATTACHED garage, full basement w/laundry and storage units. *Possibility to add basement efficiency unit as it currently features (non functional) bath and large room (currently being utilized as storage; would need to add egress). Check with city/code for requirements. Could be a great opportunity for those willing to put in the work and see the vision. Unit 1 rent $1345/month, lease goes until 10/31/25. Unit 2 rent $900, m2m - LONG term tenant, wants to stay - 60 day notice. Tenants handle snow removal and lawn care. Large lot, shared greenspace in backyard. Great area!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$369,000
Price per sq ft:
$181
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Bancroft
Subdivision Name:
Viking Heights
Interior
Finished Area:
2,034 ft2
Living Area:
2,034 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Shared Access
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
420 ft2
Foundation Size:
1,166 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Attached Garage
- Concrete
Shared Amenities:
- Common Laundry
- Other
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.928804, -93.24947
Lot Dimensions:
0
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Corner Lot
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,300
Annual Fuel Expense:
$1,300
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$200
Annual Gross Expense:
$7,400
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$800
Tenant Expenses:
Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,763
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,763
Income
Annual Gross Income:
$26,940
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
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 Tradewind Properties.
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.