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Sold:  Minneapolis MLS# 5702715

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Sold
$669,500  (list price)
$669,500
/mo Edit
Multi-family:  Duplex Up and Down
Built 1929
3,650 sqft • 0.15 acres
Minneapolis schools
MLS# 5702715
763-576-8286
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    Property Description

    Impressive Duplex located in sought after Kingfield location near Lake Harriet, walking trails, parks, shopping, dining, and public transit. Perfect for an owner occupant or income property. Upper unit has been recently renovated and features: spacious master suite with private bathroom, oversized closet, and bonus space that can be used as a home office/nursery/sitting room; rare finished 3rd level with vaulted ceilings; updated kitchen with granite countertops, SS appliances, and large island; brand new maintenance free deck; and in-unit laundry. Lower unit boasts 2 bedrooms, light and bright living spaces with high ceilings and tons of square footage. Separate mechanicals. Full, unfinished basement with potential to be converted to 3rd unit-- bring your ideas!

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $669,500
    Sold Price: $669,500
    Sold Date: 03/30/2021
    Price per sq ft: $183
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1929
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55409
    Neighborhood/Area: King Field
    Subdivision Name: Blethens Add

    Interior

    Finished Area: 3,650 ft2
    Living Area: 3,650 ft2
    Total Area: 5,150 ft2
    Above Ground Area: 3,650 ft2
    Below Ground Area: 1,500 ft2
    Main Level Area: 1,500 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,500 ft2
    Fencing: Split Rail, Full
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached
    • Garage Door Opener
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Metal Siding
    • Stucco
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    Upper Level Size Sq Ft
    Unit 1 Bedroom 1  12 x 12  144 
    Unit 1 Bedroom 2  12 x 12  144 
    Unit 1 Dining Room  14 x 9  126 
    Unit 1 Extra Room 1  8 x 5  40 
    Unit 1 Extra Room 2  28 x 8  224 
    Unit 1 Kitchen  14 x 9  126 
    Unit 1 Living Room  14 x 14  196 
    Third Level Size Sq Ft
    Unit 1 Bedroom 3  28 x 14  392 
    Main Level Size Sq Ft
    Unit 2 Bedroom 1  12 x 12  144 
    Unit 2 Bedroom 2  11 x 10  110 
    Unit 2 Bedroom 3  10 x 9  90 
    Unit 2 Dining Room  12 x 12  144 
    Unit 2 Family Room  14 x 14  196 
    Unit 2 Kitchen  12 x 10  120 
    Unit 2 Living Room  14 x 12  168 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.15
    Geolocation: 44.92601, -93.28663
    Lot Dimensions: 50X130
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $7,753
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,753
    Land Lease Amount: 0

    Income

    Annual Gross Income: $18,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.