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$330,000  (list price)
$345,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,412 sqft0.13 acres
Minneapolis schools
MLS# 5672268
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    Property Description

    Back on market after buyer financing fell through. Spacious up-down duplex, beautiful inside & out w/ quality updates! 3 BR in each unit. Open floor plan w/ great flow & natural light. Gorgeous, newer maple flooring throughout much of property. 2 separate high efficiency furnaces new in 2011. Separate elect panels updated 2011. Plumbing updated 2011. In-unit laundry for each; PERFECT for owner-occupied or rent out in wonderful Powderhorn. Convenient for bicyclists w/ large entryway & easy access basement storage. Quality Travertine tile in each bathroom shower. Fenced-in yard is partially private. Newer concrete 2-car parking pad in back & space for future garage. Fresh exterior paint 2020. Very well maintained property offers turn-key ready ease! Upper unit features walk-up access to unfinished attic, offering fantastic bonus space & equity potential! Solid rental history: 12 mo lease on upper unit; lower unit vacant (despite belongings seen in photos) for easy owner-occupy move in!

    Listing

    Contingency: None
    Price per sq ft: $137
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: Central

    Interior

    Living Area: 2,412 ft2
    Above Ground Living: 2,412 ft2
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details:
    • Full
    • Stone/Rock

    Exterior

    Garage Spaces: 0
    Heating System: Forced Air
    Foundation Size: 1,206 ft2
    Fencing: Wood, Chain Link, Privacy, Partial
    Handicap Accessible: None
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Asphalt
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  10 x 12  120 
    Unit 2 Bedroom 2  9 x 16  144 
    Unit 2 Bedroom 3  8 x 13  104 
    Unit 2 Dining Room  11 x 12  132 
    Unit 2 Kitchen  12 x 13  156 
    Unit 2 Living Room  12 x 13  156 
    Level Size Sq Ft
    Unit 1 Family Room  —  — 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  9 x 12  108 
    Unit 1 Bedroom 2  8 x 14  112 
    Unit 1 Bedroom 3  10 x 11  110 
    Unit 1 Dining Room  13 x 14  182 
    Unit 1 Kitchen  7 x 12  84 
    Unit 1 Living Room  13 x 14  182 

    Lot

    Acres: 0.13
    Geolocation: 44.93899509, -93.26292686
    Lot Dimensions: 18.2 x 122
    Zoning: Residential-Single Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $400
    Annual Gross Expense: $3,520
    Annual Trash Expense: $300
    Annual Water/Sewer Expense: $1,620
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,086
    Assessment Pending: No
    Taxes w/ Assessments: $4,086

    Income

    Annual Gross Income: $24,420

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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