For Sale: Minneapolis MLS# 7030316
Active
NEW!
$285,000
Multi-family: 2 Stories
4 br • 4 ba • Built 1967
2,328 sqft • 0.12 acres
MLS# 7030316
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Property Description
Come see this side-by-side duplex offering a great opportunity for both owner-occupants and investors. The property generates solid rental income as-is, with additional value potential by finishing the lower levels on both sides. Each unit offers comfortable living space, and the property features a large 2-car garage and an above-average yard, providing plenty of outdoor space. A great opportunity to build equity and increase cash flow.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$285,000
Price per sq ft:
$122
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1967
State:
MN
Property Style:
2 Stories
Zip Code:
55411
Neighborhood/Area:
36
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,328 ft2
Living Area:
2,328 ft2
Refrigerators:
Two
Basement Details:
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
550 ft2
Foundation Size:
864 ft2
Fencing:
Partial
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Detached Garage
Road Frontage:
City Street
Pool:
None
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
45.0129281982, -93.303555375
Lot Dimensions:
41 x 126
Zoning:
Residential-Multi-Family
Lot Description:
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:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Lawn Care
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,363
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,363
Income
Annual Gross Income:
$34,200
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
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!
Listing provided by RMLS,
courtesy of RE/MAX Results.
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.