For Sale: Minneapolis MLS# 7046213
Active
NEW!
$499,900
Multi-family: Duplex Side by Side
6 br • 3 ba • Built 1947
2,414 sqft • 0.12 acres
MLS# 7046213
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Property Description
Great opportunity for an investment property. Currently a duplex but could be a tri-plex. 2 BR Unit in basement just needs sheet rocked ceiling to be legal. Great lot & location. Move in ready with new paint, carpet, dishwasher & stove. Double garage, many improvements. Stop in - you'll be pleased. Great views of Lake Hiawatha
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Price per sq ft:
$207
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1947
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55406
Neighborhood/Area:
25
Subdivision Name:
Fort Ave Add
Interior
Bedrooms:
6
Bathrooms:
3
Finished Area:
2,414 ft2
Living Area:
2,414 ft2
Refrigerators:
Three
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Partially Finished
- Single Tenant Access
- Tile Shower
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
440 ft2
Foundation Size:
1,764 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
- Garage Door Opener
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Common Area
- In Basement
Lake & Waterfront
Waterfront:
Lake View
Lot & Land
Acres:
0.12
Geolocation:
44.921612, -93.23179
Lot Dimensions:
40 x 127
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,316
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$5,650
Tenant Expenses:
Cable TV, Electricity, Gas, Hot Water, Lawn Care, Telephone, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,569
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,569
Income
Annual Gross Income:
$40,320
Rent
Annual Net 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 Edina Realty, 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.