For Sale: Minneapolis MLS# 7024529
Active
NEW!
$320,000
Multi-family: More Than 2 Stories
4 br • 3 ba • Built 1900
2,491 sqft • 0.12 acres
MLS# 7024529
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Property Description
Great Investment Opportunity in North Minneapolis! Duplex available due to relocation. The main floor unit features 1 bedroom, 1 bathroom, kitchen, living room and dining room. The second-floor unit offers 3 bedrooms and access to a finished attic, which could potentially be used as a third unit. Perfect for owner-occupants or investors looking for rental income. Don’t miss out on this excellent opportunity!?? Interested in a private tour? Contact me today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$320,000
Price per sq ft:
$128
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
More Than 2 Stories
Zip Code:
55411
Neighborhood/Area:
31
Subdivision Name:
Fairmount Park Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,491 ft2
Living Area:
2,491 ft2
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Size:
200 ft2
Foundation Size:
1,091 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Lot & Land
Acres:
0.12
Geolocation:
45.009364, -93.288374
Lot Dimensions:
41 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,680
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,500
Annual Maintenance Expense:
None
Annual Trash Expense:
$900
Annual Water/Sewer Expense:
$900
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,687
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,687
Income
Annual Gross Income:
$42,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
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 RE/MAX Advantage Plus.
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.