For Sale: Minneapolis MLS# 6674160
Active Contingent
$559,900
Multi-family: Duplex Up and Down
Built 1900
2,748 sqft • 0.17 acres
Minneapolis schools
MLS# 6674160
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Property Description
Beautiful Victorian duplex fully restored in 2017-2018 with lots of original character. New high quality custom finishes built by Craft Construction and designed by award winning I.D Interior Design. Thoughtfully laid out kitchens with center island, solid surface counters, stainless appliances. Tiled full baths in each apartment with heated floors, and an additional 1/2 bath off each kitchen. Each unit has brand new solid wood flooring while retaining charming stained glass, some built-ins, pocket doors and decorative fireplaces. All new forced air heat and air conditioning systems, 100% new electrical, roof, attic insulation and plumbing. Three car garage with door openers. Restoration took almost a year to complete. Property is zoned for higher density and the unfinished attic and basement could potentially be finished into additional units. Both units are currently leased. The lower lease ends 5/31/25 and the upper 8/31/25. Wonderful for an owner occupant or investor.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$559,900
Price per sq ft:
$204
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55404
Neighborhood/Area:
Elliot Park
Subdivision Name:
J S & W Elliots Add
Interior
Finished Area:
2,748 ft2
Living Area:
2,748 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Full
- Stone/Rock
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Dimensions:
40x22
Garage Size:
880 ft2
Foundation Size:
1,372 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Stucco
- Wood Siding
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
- Pitched
Lot & Land
Acres:
0.17
Geolocation:
44.966812, -93.260655
Lot Dimensions:
50 x 144
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,189
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,200
Annual Maintenance Expense:
$1,656
Annual Gross Expense:
$7,645
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,600
Tenant Expenses:
Cable TV, Electricity, Fuel, Gas, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,422
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,422
Income
Annual Gross Income:
$55,200
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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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 Grand Realty, LLC.
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.