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For Sale:  Minneapolis MLS# 7018865

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Active NEW!
$225,000
/mo Edit
Multi-family:  2 Stories
6 br • 2 ba • Built 1900
3,654 sqft • 0.18 acres
MLS# 7018865
763-576-8286
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    Property Description

    As Is sale, Investors special. Quick close possible. Each unit has 3 bedrooms and full bath, foyer, kitchen, living/dining room with very large windows and natural hardwood floors throughout both units and stairs. Unfinished walk-up attic with entry door. Up and Down Duplex, easy convert to single family home. Great investment property for passive income to live in and rent other unit. Potential to have a very large multi family home in North Minneapolis.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $225,000
    Price per sq ft: $62
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: 2 Stories
    Zip Code: 55411
    Neighborhood/Area: 31
    Subdivision Name: Highland Park Add

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 3,654 ft2
    Living Area: 3,654 ft2
    Refrigerators: Two
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 1,218 ft2
    Foundation Dimensions: 1218
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities: Laundry
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Concrete
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Pitched

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.18
    Geolocation: 45.000392, -93.292149
    Lot Dimensions: 50 x 113
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,400
    Annual Maintenance Expense: $5,075
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,700
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,082
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,082

    Income

    Annual Gross Income: $33,600

    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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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.