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Active
Listed
$189,000
/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
    Price/sq ft: $95
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1910
    Neighborhood/Area: Jordan
    City: Minneapolis
    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

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
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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 Fish MLS Realty