For Sale: Minneapolis MLS# 6771145
Active
NEW!
$364,900
Multi-family: Triplex
Built 1907
3,428 sqft • 0.13 acres
Minneapolis schools
MLS# 6771145
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Property Description
Cash-flowing triplex with excellent layouts. Tenants pay for heat and electricity. The original structure is an up/down duplex, each unit with two bedrooms. A large third unit was added to the back, and it features separate utilities and its own basement.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$364,900
Price per sq ft:
$106
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1907
State:
MN
Property Style:
Triplex
Zip Code:
55407
Neighborhood/Area:
Powderhorn Park
Subdivision Name:
Monroe Bros Add
Interior
Finished Area:
3,428 ft2
Living Area:
3,428 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Block
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,980 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.13
Geolocation:
44.940806, -93.249523
Lot Dimensions:
45 x 121
Zoning:
Residential-Multi-Family
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:
$3,600
Annual Maintenance Expense:
None
Annual Gross Expense:
$14,540
Annual Trash Expense:
$1,800
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,340
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,340
Income
Annual Gross Income:
$40,380
Units
Total Units:
3
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.