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$749,000
/mo Edit
Commercial:  Apartment,Mixed Use,Duplex Other,Duplex Up and Down,Low Rise
Built 1900
0.11 acres
Minneapolis schools
MLS# 6498445
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    Property Description

    Located in the vibrant Southeast Minneapolis neighborhood near the University of Minnesota, 836 Thornton Street SE offers a unique opportunity for both investors and owner-occupants alike. This urban duplex boasts a spacious 2, 590 square feet of living space, encompassing 5 bedrooms and 2 bathrooms. Situated on a 0.12-acre lot, the property is zoned under Corridor 4, presenting significant potential for a comprehensive development venture. The flexibility of this zoning allows for various possibilities, making it an attractive prospect for those looking to maximize the property's value. Whether you're seeking a lucrative investment or a versatile living arrangement, 836 Thornton Street SE stands as a prime candidate. Perfect for those wanting to capitalize on the dynamic energy of the University area, this property offers the chance to be part of a thriving community while also exploring the extensive development potential it holds.Additional details on Corridor 4 zoning are available in the supplements.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartment, Mixed Use, Duplex Other, Duplex Up and Down, Low Rise
    Zip Code: 55414
    Neighborhood/Area: Prospect Park - East River Road
    Subdivision Name: Meeker Island Land & Power Co Add Rev

    Exterior

    Other Parking Spaces: 0
    Foundation Size: 2,331 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Other
    • Paved
    • Unassigned
    Exterior Material:
    • Stucco
    • Wood Siding

    Lot & Land

    Acres: 0.11
    Geolocation: 44.964818, -93.219615
    Inclusions: Building, Land, Leases, Other, Rental License
    Lot Dimensions: 38 x 135
    Zoning:
    • Lot
    • Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $7,170
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,170

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.