For Sale: Minneapolis MLS# 7005572
Active
Potential Short Sale
$430,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1904
1,900 sqft • 0.11 acres
MLS# 7005572
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Property Description
Cash-flowing opportunity in Beltrami, Northeast Minneapolis’ most vibrant, rapidly rising neighborhood! Set on a quiet street in the historic Beltrami neighborhood—home to Minneapolis’ original Little Italy—this property offers the perfect blend of character, community, and growth potential. Just a block from beautiful Beltrami Park, and minutes to the NE Arts District’s galleries, breweries, restaurants and the Quarry Shopping center, this home combines peace and convenience with big city living. Both units open by the end of March: lower 1-bedroom unit fully remodeled with large bedroom, walk-in closet, and office; upper 3-bedroom unit offers hard floors throughout, clean layout and impressive views of the MPLS skyline. Perfect for owner occupant interested in maximized financial return. Durable steel siding & steel-beam foundation, updated baths & windows, new furnaces, abundance of storage, patios, spacious backyard, turnkey condition. Don’t miss the opportunity to build equity in an up-and-coming area!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$430,000
Price per sq ft:
$226
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
4
Subdivision Name:
Ramsey Lockwood & Others Add St Anth
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,900 ft2
Living Area:
1,900 ft2
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
Modified Two Story
Garage Spaces:
0
Foundation Size:
4,922 ft2
Fencing:
Wood
Handicap Accessible:
Grab Bars In Bathroom
Heating System:
Forced Air
Shared Amenities:
- Coin-op Laundry Owned
- Common Garden
- Porch
Exterior Material:
- Block
- Brick
- Concrete
- Steel Siding
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Common Area
- Gas Dryer Hookup
- In Basement
- Laundry Room
- Sink
Lot & Land
Acres:
0.11
Geolocation:
44.99557, -93.243154
Lot Dimensions:
39.3 x 124
Schools
School District:
558
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
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,447
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
Power Company Name:
Xcel Energy
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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 homecoin.com.
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.