For Sale: Minneapolis MLS# 7058073
Active
NEW!
$320,000
Multi-family: Duplex Up and Down
7 br • 2 ba • Built 1915
2,494 sqft • 0.13 acres
MLS# 7058073
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Property Description
Great for investors. 4 bedrooms/1bath upstair with finished attic. 3 bedrooms/1bath first floor. Sump Pump installed. New high efficiency Combo Boilers for each unit and insulation through the whole building in 2025.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$320,000
Price per sq ft:
$128
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1915
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55412
Neighborhood/Area:
52
Subdivision Name:
Bakers 4th Add
Interior
Bedrooms:
7
Bathrooms:
2
Finished Area:
2,494 ft2
Living Area:
2,494 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
972 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Shared Amenities:
Porch
Road Frontage:
- City Street
- Paved Streets
Pool:
None
Lot & Land
Acres:
0.13
Geolocation:
45.014634, -93.289636
Lot Dimensions:
46 x 127
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:
$2,300
Annual Maintenance Expense:
$1,000
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,587
Lender-owned:
Not Disclosed
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$42,000
Rent
Annual Net Income:
$37,200
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 Creative Results.
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.