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Active NEW!
$425,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1902
1,605 sqft • 0.15 acres
Minneapolis schools
MLS# 7061374
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    Property Description

    Turnkey duplex in Windom Park! Top unit fully renovated with all new cabinets, countertops, appliances, paint and light fixtures. The large lower unit also tastefully updated with plenty of space to add the final touches. Two new forced air furnaces, roof new in 2024, making this an easy investment with low operating costs for years. Oversized two car garage with additional off street parking. Appraised at $440k in 2024!

    Listing

    Contingency: None
    Price per sq ft: $265
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: 87

    Interior

    Living Area: 1,605 ft2
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 29x25
    Garage Size: 710 ft2
    Foundation Size: 1,000 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Pool: None
    Roof Details: Asphalt

    Rooms

    Laundry: Lower Level

    Lot & Land

    Acres: 0.15
    Geolocation: 45.0092873667, -93.2388086933
    Lot Dimensions: 50 x 131
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1
    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
    Tenant Expenses: Electricity, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,924
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,924

    Income

    Annual Gross Income: $420,000

    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!

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    Listing provided by RMLS, courtesy of Keller Williams Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.