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Active NEW!
$335,000
/mo Edit
Multi-family:  Triplex
Built 1928
2,510 sqft • 0.12 acres
Minneapolis schools
MLS# 6794879
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    Property Description

    Outstanding triplex opportunity - perfect for investors or owner-occupants! Main floor features a spacious 3-bedroom unit; second floor includes a 1-bedroom unit and a studio. Third floor offers attic storage. Updates include new roof, chimney, windows, boilers, fresh paint, and numerous appliances. Plenty of storage in the basement. Close to Farview Park and easy access to 94. See supplements for full list of improvements.

    Listing

    Contingency: None
    Price per sq ft: $133
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55411
    Neighborhood/Area: Hawthorne
    Subdivision Name: Fairmount Park Add

    Interior

    Living Area: 2,510 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x18
    Garage Size: 360 ft2
    Foundation Size: 1,276 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features: Detached
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 45.006897, -93.292685
    Lot Dimensions: 42 x 127
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,886
    Annual Insurance Expense: $5,099
    Annual Maintenance Expense: None
    Annual Gross Expense: $14,355
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $3,000
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,255
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,255

    Income

    Annual Gross Income: $42,500
    Misc. Monthly Income: $50

    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!

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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.