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Sold
Sold
$189,000  (list price)
$185,000
/mo   Edit
MLS# 5322842
Multi-family
Built 1910
1,980 fin sqft
Minneapolis schools
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    Description:   A must-see, amazing opportunity to own a well cared for and updated duplex! Units can be rented at $1, 200 each! Perfect for an investor to cashflow or an owner-occupied buyer to practically have free housing. Each unit has 2 bedrooms and 1 bathroom. Updated roof, siding, double pane window, bathroom, 2 newer high efficiencies forced air furnaces and water heaters. It has 2 off-street parking spots. This beautifully well-maintained duplex is located a few blocks from Parks, Aldi, Schools, and the Post Office.
    List Price: $189,000
    Sold Price: $185,000
    Sold Date: 01/15/2020
    Price/sq ft: $95
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1910
    Neighborhood/Area: Jordan
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55411

    Interior

    Fin Sq Ft / Living Area: 1,980 ft²
    Above Ground Living: 1,980 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Other, Partial

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,020 ft²
    Handicap Accessible: None
    Exterior Material: Vinyl
    Garage Spaces: 0
    Roof Details: Asphalt Shingles, Age 8 Years or Less

    Lot

    Acres: 0.13
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium, Irregular Lot
    Latitude: 45.00755600
    Longitude: -93.30731200
    Lot Size Dim.: 42.6X126
    Dev/Complex Name: Supplement To Forest Heights
    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: $3,000
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,560
    Owner Expenses: Maintenance/Repair, Water/Sewer, Taxes, Insurance
    Tenant Expenses: Electric, Cable T.V., Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $1,933
    Assessment Pending: No
    Taxes w/ Assessments: $2,741

    Income

    Annual Gross Income: 25000.00
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: $11,200
    Unit 2 Monthly Rent: $1,100

    Unit

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    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.
    763-270-4336

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