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Active
$575,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1961
2,000 sqft • 0.12 acres
Minneapolis schools
MLS# 6640993
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    Property Description

    Fully updated Duplex located in the heart of the Armatage Neighborhood â?? last year only 6 duplexes sold here! This is truly a rare opportunity to own a turnkey duplex in this special neighborhood! Both the lower and upper units have had extensive work completed including fully remodeled bathrooms, new flooring, and refreshed kitchens. A lot of attention was put into the details as well with new closet shelving, all new interior/exterior doors, refreshed landscaping with mulch, pavers, and perennials, and updated LED lights throughout â?? this is an Owner-Occupied duplex and not a quick flip property! Lower level will be vacant upon closing and is the perfect opportunity for you to Owner Occupy or rent out this beautiful unit during the prime Spring Rental Market! The duplex has been well maintained and got a new roof + gutters in 2021 and new electrical panels in 2014. Located right across the street from a park and just 10 minutes on foot to Armatage Elementary School. Southdale, Target, and amazing restaurants are all a 5-minute car ride away â?? this location has it all! Schedule your tour today to come see for yourself!

    Listing

    Contingency: None
    Price per sq ft: $288
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55410
    Neighborhood/Area: Armatage
    Subdivision Name: Harriet Manor

    Interior

    Living Area: 2,000 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,000 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Shared Driveway
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Metal Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.89643, -93.317922
    Lot Dimensions: 128 x 40
    Zoning: Residential-Single 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: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Fuel, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,784
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,784

    Income

    Annual Gross Income: $22,740
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: 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.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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