Pending: Minneapolis MLS# 7100786
Pending
$650,000
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1923
2,146 sqft • 0.12 acres
Minneapolis schools
MLS# 7100786
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Property Description
This turnkey duplex sits three blocks from Lake Harriet and close to Minnehaha Creek, near fabulous restaurants like Broders and great neighborhood shopping. Each unit has 3 bedrooms, with the third tucked down a back hallway, meaning it’s private and out of sight, making it also ideal as a home office. Add separate washers and dryers, original woodwork and built-ins, and updates throughout. One unit rents for $2, 380 with room to raise, and the owner's unit can go straight to market rate. Outside, enjoy a quiet brick patio plus a 2-car garage and two off-street spaces. Live in one unit and let the other help cover the mortgage, or add it to your investment portfolio in one of Minneapolis's best lake neighborhoods.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$650,000
Price per sq ft:
$303
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1923
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55419
Neighborhood/Area:
49
Subdivision Name:
Thornton Park 2nd Div
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,146 ft2
Living Area:
2,146 ft2
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
435 ft2
Foundation Size:
1,073 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.910792, -93.308312
Lot Dimensions:
40 x 128
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,300
Annual Maintenance Expense:
None
Annual Trash Expense:
$400
Annual Water/Sewer Expense:
$1,400
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,467
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,467
Income
Annual Gross Income:
$58,560
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$58,560
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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 Keller Williams Realty Integrity.
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.