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Sold
$330,000  (list price)
$345,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,412 sqft • 0.13 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
    Green Certified: Tested

    Interior

    Living Area: 2,412 ft2
    Total Area: 3,618 ft2
    Above Ground Area: 2,412 ft2
    Below Ground Area: 1,206 ft2
    Main Level Area: 1,206 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Stone/Rock

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,206 ft2
    Fencing: Wood, Chain Link, Privacy, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Concrete
    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 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.13
    Geolocation: 44.9389950912, -93.2629268612
    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
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,086
    Land Lease Amount: 0

    Income

    Annual Gross Income: $24,420

    Units

    Total Units: 2

    Miscellaneous

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

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    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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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.