For Sale: Minneapolis MLS# 7020454
Active
NEW!
$400,000
Multi-family: Triplex
3 br • 4 ba • Built 1904
1,484 sqft • 0.08 acres
MLS# 7020454
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Property Description
Investors or homeowners this is a property consisting of two buildings on one parcel. 3BR/2BA house and a storefront with a studio apartment above it. All three units move in ready with fresh paint, flooring and more. Commercial property for both buildings with many uses and is 1 block from light rail stop and corner lot with possible development in the future. You own the corner lot and control the development of other properties. Great investment property, sold as is.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$270
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
Triplex
Zip Code:
55406
Neighborhood/Area:
73
Subdivision Name:
Palmers Add
Interior
Bedrooms:
3
Bathrooms:
4
Finished Area:
1,484 ft2
Living Area:
1,484 ft2
Refrigerators:
Two
Basement Details:
Partial
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
752 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Hot Water
Parking Features:
On-Street Parking Only
Road Frontage:
City Street
Roof Details:
- Asphalt
- Rubber
Lot & Land
Acres:
0.08
Geolocation:
44.934271, -93.231134
Lot Dimensions:
40 x 86
Zoning:
Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,637
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,698
Income
Annual Gross Income:
None
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 Real Estate Corners, Inc.
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.