For Sale: Minneapolis MLS# 6657747
Active
NEW!
$499,900
Multi-family: Duplex Side by Side
Built 1941
1,730 sqft • 0.11 acres
Minneapolis schools
MLS# 6657747
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Property Description
Fantastic investment opportunity with this duplex in prime Southwest Minneapolis! Just minutes from Lake Harriet, Bde Maka Ska, trails, and parks, this property offers hardwood floors, a bright kitchen & dining area, and a sunroom. Each unit features 1 bed, 1 bath, plus shared basement laundry & storage. Separate garages and driveways add convenience. Ideal for renting both units short- or long-term or living in one while leasing the other!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Price per sq ft:
$289
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1941
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55410
Neighborhood/Area:
Fulton
Subdivision Name:
Reeve Park 3rd Div
Interior
Finished Area:
1,730 ft2
Living Area:
1,730 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Partially Finished
- Shared Access
- Storage Space
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,548 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
- Tuckunder Garage
Shared Amenities:
Common Laundry
Road Frontage:
City Street
Exterior Material:
- Metal Siding
- Vinyl Siding
Roof Details:
- Architectural Shingle
- Asphalt
Lot & Land
Acres:
0.11
Geolocation:
44.912264, -93.313416
Lot Dimensions:
39 x 127
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$480
Annual Fuel Expense:
$460
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
None
Annual Gross Expense:
$3,640
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$600
Tenant Expenses:
All Utilities, Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,785
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,785
Income
Annual Gross Income:
$35,976
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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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 RE/MAX Advantage Plus.
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.