For Sale: Minneapolis MLS# 6683228
Active
NEW!
$699,900
Multi-family: Four Plex
Built 1919
3,932 sqft • 0.13 acres
Minneapolis schools
MLS# 6683228
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Great 4 unit in the heart of Uptown on a quiet street. 12 bedrooms total. 3 beds per unit give plenty of upside on rents. 3 units currently leased with the option of the 4th unit being owner occupied. Garage and laundry bring in an extra $1, 300 in income. Walk/bike to everything with ease including shopping, restaurants, the lakes and downtown. New roof in 2019.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,900
Price per sq ft:
$178
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1919
State:
MN
Property Style:
Four Plex
Zip Code:
55408
Neighborhood/Area:
Lyndale
Subdivision Name:
Motor Line Add
Interior
Finished Area:
3,932 ft2
Living Area:
3,932 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
450 ft2
Foundation Size:
1,904 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Detached
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
- Age 8 Years or Less
- Flat
Lot & Land
Acres:
0.13
Geolocation:
44.945519, -93.286485
Lot Dimensions:
45 x 129
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:
$1,033
Annual Fuel Expense:
$2,588
Annual Insurance Expense:
$4,212
Annual Maintenance Expense:
None
Annual Gross Expense:
$25,559
Annual Trash Expense:
$2,783
Annual Water/Sewer Expense:
$2,783
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$11,989
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$11,989
Income
Annual Gross Income:
$50,586
Misc. Annual Income:
$1,300
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Edina Realty, Inc..
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.