For Sale: Minneapolis MLS# 7105840
Active
$750,000
Multi-family: Triplex
4 br • 3 ba • Built 1928
3,430 sqft • 0.18 acres
Minneapolis schools
MLS# 7105840
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Property Description
Triplexes are rare in Linden Hills, and this one is a standout. The building pairs classic character with flexible, income-producing space. Original woodwork and hardwood floors run throughout. There are two spacious two-bedroom units and an open, contemporary studio.
The main-level unit has a generous sunroom that adds living space from spring through fall. Upstairs, an oversized private deck has room for a grill, outdoor furniture, or even a generous container garden
Single-family homes in Linden Hills can be out of reach for many buyers. Here, you can live in one unit and have rent from the other units help offset your mortgage. You get the lakes, the shops, and the neighborhood feel, at a monthly cost well below that of a comparable single-family home.
Tenants pay their own heat and electric, which keeps operating costs predictable.
Opportunities like this in Linden Hills don’t come along often.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Price per sq ft:
$219
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1928
State:
MN
Property Style:
Triplex
Zip Code:
55410
Neighborhood/Area:
42
Subdivision Name:
Harriet Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
3,430 ft2
Living Area:
3,430 ft2
Refrigerators:
Three
Basement Details:
- Block
- Drainage System
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
460 ft2
Foundation Size:
1,228 ft2
Handicap Accessible:
None
Heating System:
Boiler
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Common Area
- In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.18
Geolocation:
44.924117, -93.323592
Lot Dimensions:
60 x 134
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, Gas, Heat
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,175
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$11,175
Income
Annual Gross Income:
$71,940
Misc. Annual Income:
None
Rent
Annual Net Income:
$71,940
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 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.