For Sale: Hopkins MLS# 6771486
Active
NEW!
$484,900
Multi-family: Duplex Side by Side
Built 1968
2,760 sqft • 0.24 acres
Hopkins schools
MLS# 6771486

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Property Description
A rare and extra special investment opportunity in the heart of Hopkins within close proximity to Knollwood Mall, shops, parks, Cedar Lake Regional Trail, schools, highway access and more! This side by side style Duplex is nestled perfectly at the end of the cul de sac on a slightly wider and deeper lot so it boasts a nice sized 2.5 stall garage, extra greenspace and coveted extra off-street parking that is especially appreciated in the winter months. This is a wonderful opportunity to either owner occupy and rent out the other unit – or continue renting to the current tenants for ease. The current leases are month to month, so there is some flexibility with this opportunity; as well as, to consider possibly a multi-sale purchase with the other duplexes on Shadyside Circle that are currently offered for sale. Recent property improvements include: new garage door, new side steps (Unit 501), new screen door (Unit 501); deck boards replaced (unit 503), some exterior siding boards replaced, fresh mulch, newer concrete work, all new fresh paint on the entire duplex building and the detached garage. The lower level family room in Unit 503 has a nice sized egress window that would be a safe option to sleep a guest or use as a walkthrough bedroom option as it adjoins the unfinished laundry/storage room. This property is being sold with a Trustee’s Deed.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$484,900
Price per sq ft:
$176
Property Type:
Multi-family
City:
Hopkins
Garage Spaces:
2
County:
Hennepin
Year Built:
1968
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55343
Subdivision Name:
Meaths Add
Interior
Finished Area:
2,760 ft2
Living Area:
2,760 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
528 ft2
Foundation Size:
1,200 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Assigned
- Concrete
- Detached
- Driveway - Other Surface
- Shared Garage/Stall
Road Frontage:
- City Street
- Cul De Sac
- Curbs
- No Outlet/Dead End
- Paved Streets
Exterior Material:
- Engineered Wood
- Fiber Board
- Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.24
Geolocation:
44.931381, -93.394298
Lot Dimensions:
120X48X140X65X20
Lot Description:
- Public Transit (w/in 6 blks)
- Underground Utilities
Schools
School District:
270
District Phone:
952-988-4000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,627
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities, Cable TV, Electricity, Gas, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,797
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,061
Income
Annual Gross Income:
$38,400
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
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.