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$429,900  (list price)
$445,000
/mo Edit
Multi-family:  Triplex
Built 1910
3,032 sqft0.24 acres
Minneapolis schools
MLS# 5719345
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    Property Description

    **Potential Lot Split**DOUBLE LOT*** A massive triplex in the heart of Powderhorn. All split heat & electric throughout. The property is in great condition & has ample uses. Could be a great house hack, Lot split / build, or portfolio asset. The upper unit will become vacant for an owner occupant. Tenants are responsible for all utilities other than water, sewer, & trash. Hardwood floors, high ceilings, updated bathrooms, beautiful molding, great street appeal, & additional parking pad for tenants. A great investment. A MUST SEE!

    Listing

    Contingency: None
    Price per sq ft: $142
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55407
    Neighborhood/Area: Midtown Phillips

    Interior

    Living Area: 3,032 ft2
    Above Ground Living: 3,032 ft2
    Total Ranges: Three
    Total Refrigerators: Three
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Garage Spaces: 2
    Heating System: Hot Water
    Foundation Size: 1,236 ft2
    Handicap Accessible: None
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot

    Acres: 0.24
    Geolocation: 44.95095600, -93.25845000
    Lot Dimensions: 80.5 x 128
    Dev/Complex Name: Averys Chicago Ave Add
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    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: $4,941
    Assessment Pending: No
    Taxes w/ Assessments: $4,941

    Income

    Annual Gross Income: None

    Unit

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: 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

    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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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.