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Active
Listed
$249,900
/mo   Edit
MLS# 5245122
Multi-family
Built 1917
1,458 fin sqft
Minneapolis schools
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    Description:   Great location, walking distance to many businesses, and easy to rent out. Currently one is set up on a month to month and other lease expires in October. Plenty of off-street parking, there is a one stall garage presently not being used. Owner occupied or otherwise, this is right in the Arts District of Northeast Minneapolis
    List Price: $249,900
    Price/sq ft: $171
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1917
    Neighborhood/Area: Holland
    City: Minneapolis
    Zip Code: 55418

    Interior

    Fin Sq Ft / Living Area: 1,458 ft²
    Above Ground Living: 1,458 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Heating System: Forced Air
    Foundation Size: 768 ft²
    Shared Amenities: Porch
    Fencing: None
    Road Frontage: City
    Handicap Accessible: Other
    Exterior Material: Wood, Metal, Stucco
    Garage Spaces: 1
    Roof Details: Asphalt Shingles

    Rooms

    Shared Rooms: Other

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium
    Latitude: 45.01336700
    Longitude: -93.26241200
    Lot Size Dim.: -
    Dev/Complex Name: Phillips Add
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,325
    Annual Maintenance Expense: $1,000
    Annual Repair Expense: None
    Annual Gross Expense: $3,547
    Total Annual Expenses: $3,547
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,222
    Owner Expenses: Taxes, Water/Sewer, Trash
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $2,541
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,541

    Income

    Annual Gross Income: 23400.00

    Rent

    Unit 1 Monthly Rent: $1,100
    Unit 2 Monthly Rent: $850

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
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    Fulcher
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    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Edina Realty, Inc.