For Sale: Minneapolis MLS# 6820288
Active
$349,500
Multi-family: Duplex Up and Down
Built 1900
2,415 sqft • 0.12 acres
Minneapolis schools
MLS# 6820288
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Property Description
Turnkey duplex for owner occupant and experienced investors! This property features two 3 bed/1 bath units, which is hard to come by, and in high demand for tenants because of the proximity to downtown and shopping. Recently updated with new flooring throughout. Both units are equipped with in-unit laundry. The basement can be finished for additional square footage added to the first floor unit. Tenants handle snow and lawn care so minimal management is needed.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$349,500
Price per sq ft:
$145
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
Columbia Park
Subdivision Name:
Columbia Heights Add
Interior
Finished Area:
2,415 ft2
Living Area:
2,415 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Concrete
- Drain Tiled
- Egress Window(s)
- Finished
- Full
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
966 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
Concrete
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
- Age Over 8 Years
- Architectural Shingle
Lot & Land
Acres:
0.12
Geolocation:
45.033373, -93.266046
Lot Dimensions:
40 x 128
Zoning:
- Residential-Multi-Family
- Residential-Single 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:
$1,700
Annual Maintenance Expense:
$1,500
Annual Gross Expense:
$2,700
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,000
Tenant Expenses:
Electricity, Fuel, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,383
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,229
Income
Annual Gross Income:
$40,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
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 Pemberton RE.
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.