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Active NEW!
$425,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1967
2,288 sqft • 0.14 acres
Minneapolis schools
MLS# 6736586
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    Property Description

    Fantastic opportunity to invest in your first rental property! Solid 1960's construction with a full basement that has plenty of storage and shared laundry facilities. Four parking spaces in the back with alley access. Hardwood floors and generous sized kitchens and bedrooms make finding renters a breeze!

    Listing

    Contingency: None
    Price per sq ft: $186
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Seward
    Subdivision Name: Fair Ground

    Interior

    Living Area: 2,288 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,144 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Unassigned
    Shared Amenities: Laundry
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Brick/Stone
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.14
    Geolocation: 44.961768, -93.235723
    Lot Dimensions: 40 x 153
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    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: $2,400
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,788
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,788

    Income

    Annual Gross Income: $30,900

    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

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