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Pending
$854,000
/mo   Edit
MLS# 5658335
Multi-family
Built 1915
4,272 fin sqft
Minneapolis schools
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    Description:   Great newly renovated 4 unit multi-family building in great south Minneapolis neighborhood. Great investment or owner occupy one of these large 2 bedroom + sun-room units. All showings scheduled through listing agent. 1st showings will be unit 1 and common areas. Masks must be worn to respect COVID requirements and tenants.
    List Price: $854,000
    Price/sq ft: $200
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Four Plex
    Year Built: 1915
    Neighborhood/Area: King Field
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55409

    Interior

    Fin Sq Ft / Living Area: 4,272 ft²
    Above Ground Living: 4,272 ft²
    Below Ground Living: 0 ft²
    Basement Details: Full, Unfinished

    Exterior

    Heating System: Boiler, Hot Water
    Foundation Size: 2,136 ft²
    Handicap Accessible: None
    Exterior Material: Wood Siding, Stucco, Steel Siding
    Garage Spaces: 2
    Roof Details: Flat

    Lot

    Acres: 0.18
    Latitude: 44.93537600
    Longitude: -93.28473200
    Lot Size Dim.: 130x60
    Dev/Complex Name: Parker & Jermans Add

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $336
    Annual Fuel Expense: $684
    Annual Insurance Expense: $3,613
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: $9,169
    Annual Trash Expense: $3,036
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $9,994
    Assessment Pending: No
    Taxes w/ Assessments: $9,994

    Income

    Annual Gross Income: $79,200

    Rent

    Unit 1 Monthly Rent: $1,600

    Unit

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    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
    Justin
    Larson
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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 MRG Realty Partners, LLC.
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