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For Sale:  Minneapolis MLS# 7015554

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Active NEW!
$249,900
/mo Edit
Multi-family:  2 Stories
5 br • 2 ba • Built 1904
2,170 sqft • 0.16 acres
MLS# 7015554
763-498-2150
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    Property Description

    Finally! A plug-&-play duplex perfect for an owner/occupant or investor looking for cash flow! Both units here were fully renovated in 2022 w/ totally remodeled kitchens - including new cabinets, counters, & appliances - refinished hardwood floors, & fresh paint inside & out! The Upper unit has 3 bedrooms -including one w/ a walk-in closet - as well as 2 covered porches. There's also an additional unfinished 3rd level - currently a mere storage room -that could potentially be so much more! The Lower unit has 2 more good-sized bedrooms & plenty of space for comfortable living throughout. No tight, Frankenstein rental rooms here! These are units people want to live in & stay in! There's even a fenced yard & a large garage. How are your stocks & crypto treating you? Better to trust the asset with limited supply & ALL the demand. I mean, they can't build homes fast enough + people need a place to live! So this is likely the best possible investment on earth right now. Better jump on this opportunity while you still can!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $249,900
    Price per sq ft: $115
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1904
    State: MN
    Property Style: 2 Stories
    Zip Code: 55411
    Neighborhood/Area: 31
    Subdivision Name: Holway & Taylors Add

    Interior

    Bedrooms: 5
    Bathrooms: 2
    Finished Area: 2,170 ft2
    Living Area: 2,170 ft2
    Refrigerators: Two
    Basement Details:
    • Partially Finished
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,116 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Storage
    Shared Amenities:
    • Other
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Pool: None
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Other
    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lot & Land

    Acres: 0.16
    Geolocation: 45.006653, -93.2845
    Lot Dimensions: 157 x 43
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    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: 2026
    Annual Taxes: $4,505
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,505

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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!

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