Call Us Contact

My notes for this property


Add listing to my favorites (required)
Active
Listed
$389,900
/mo   Edit
MLS# 5353656
Multi-family
Built 1931
3,044 fin sqft
Minneapolis schools
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Description:   Fantasic cash flowing up/down Tudor style duplex is everything you are looking for! This updated duplex features 2 bedrooms/1bath for each unit, located in the Regina neighborhood of South Minneapolis. Tons of light and a nice side yard off the main floor unit, with both units mirror imaging each other on layout. Over-sized bedrooms and ample closet space make for the perfect situation for any renter. Both floors have been recently updated - new appliances, tile, countertops, sink/faucet, newly refinished hardwood floors, paint and light fixtures. The updates continue with a brand new water heater, 2-year old boilers, new plumbing (Water lines) throughout the home, 3.5 year old roof. This is the perfect investment property that is ready to go and currently leased up with room to move up rents or owner occupant situation. Come check this out today before it's gone!
    List Price: $389,900
    Price/sq ft: $128
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1931
    Neighborhood/Area: Regina
    City: Minneapolis
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 3,044 ft²
    Above Ground Living: 2,744 ft²
    Below Ground Living: 300 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Partial

    Exterior

    Heating System: Hot Water, Boiler
    Foundation Size: 1,322 ft²
    Fencing: Wire
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 2

    Lot

    Acres: 0.14
    Construction Status: Previously Owned
    Lot Description: Irregular Lot
    Latitude: 44.92303700
    Longitude: -93.26719900
    Lot Size Dim.: 50X117
    Dev/Complex Name: Auditors Sub 257

    Schools

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

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Repair Expense: $1
    Annual Gross Expense: $1
    Total Annual Expenses: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Owner Expenses: Taxes, Insurance, Water/Sewer
    Tenant Expenses: Electric, Fuel, Trash, Snow, Lawn

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $7,545
    Assessment Pending: No
    Taxes w/ Assessments: $7,545

    Income

    Annual Gross Income: 38880.00

    Rent

    Unit 1 Monthly Rent: $1,640

    Unit

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Brian
    Fulcher
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Brian Fulcher
    Loan Officer
    Movement Mortgage NMLS#890685
    Whether you're buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you're dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer I have the knowledge and expertise you need to explore the many financing options available. Ensuring that you make the right choice for you and your family is my ultimate goal, and I am committed to providing my customers with mortgage services that exceed their expectations.
    651-343-2463

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.

    to

    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  

    Comments/Questions:  

    Listing provided by RMLS, courtesy of Engel & Volkers Lake Minnetonka