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Pending
$259,990
/mo   Edit
MLS# 5319970
Multi-family
Built 1900
2,346 fin sqft
Minneapolis schools
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    Description:   Awesome up/down duplex in South MPLS! Convenient drive to downtown MPLS & Downtown Saint Paul. Split heat & electricity for both units. Completely updated units which includes windows, flooring, kitchens, bathrooms, & exterior. Ample off street parking and a 2 car garage! Great option for an owner occupant or investor looking to add to their portfolio. Tenants are on a month to month. Priced to sell & a great value for the next buyer! Only being sold b/c of relocation. Non-conforming third unit in the basement! Check it out! MPLS 2040 plan. A MUST SEE!
    List Price: $259,990
    Price/sq ft: $111
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1900
    Neighborhood/Area: East Phillips
    City: Minneapolis
    Zip Code: 55404

    Interior

    Fin Sq Ft / Living Area: 2,346 ft²
    Above Ground Living: 1,461 ft²
    Below Ground Living: 885 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Walkout, Full

    Exterior

    Heating System: Forced Air
    Foundation Size: 885 ft²
    Shared Amenities: Deck
    Fencing: Chain Link
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Metal, Vinyl
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Age Over 8 Years

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Light
    Latitude: 44.95622300
    Longitude: -93.24578600
    Lot Size Dim.: 40x127
    Dev/Complex Name: Auditors Sub 016
    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: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: Taxes, Insurance, Water/Sewer, Trash
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $2,489
    Assessment Pending: No
    Taxes w/ Assessments: $2,489

    Income

    Annual Gross Income: 0.00

    Rent

    Unit 1 Monthly Rent: $950
    Unit 2 Monthly Rent: $800

    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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    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
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