Sold: Minneapolis MLS# 5747470
Sold
$625,000 (list price)
$625,000
Multi-family: Duplex Up and Down
Built 1905
3,888 sqft•0.12 acres
Minneapolis schools
MLS# 5747470
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Property Description
Discover this fully renovated Uptown Duplex completely rebuilt from the studs out! PLUS, a 3rd level 2BR/1BA fully finished with separate entrance and utilities but not a legal rental unit. All new roof, siding, windows, walls, floors, ceilings, fixtures and more. New kitchens with new appliances. New in-unit washer and dryer for all 3 floors. All new electrical and plumbing. Separate entrances and separate tenant pay heat and electric. Desirable front porches and bonus parlor room 1st & 2nd floor. 2 car garage plus 2 off-street parking spaces. All units vacant. Ready for new tenants and leases or ideal suitable owner-occupy. Rents averaged from internet data-could be more or less. Property tax in 2021 only $4, 927. Enjoy a lower tax rate for the first year of ownership. Unique opportunity in a high demand Uptown location. A solid performer! This one is easy to own and priced to please. Act now!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$625,000
Sold Price:
$625,000
Sold Date:
07/01/2021
Price per sq ft:
$161
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
Lowry Hill East
Interior
Finished Area:
3,888 ft2
Living Area:
3,888 ft2
Above Ground Living:
3,888 ft2
Total Ranges:
Three
Total Refrigerators:
Three
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Full
- Stone/Rock
- Storage Space
Exterior
Garage Spaces:
2
Heating System:
- Baseboard
- Boiler
- Hot Water
Foundation Size:
1,582 ft2
Fencing:
None
Handicap Accessible:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot
Acres:
0.12
Geolocation:
44.95294300, -93.29533300
Lot Dimensions:
41 x 128
Dev/Complex Name:
Harrisons 2nd Add
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
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:
$2,175
Annual Maintenance Expense:
None
Annual Gross Expense:
$16,268
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,200
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2021
Annual Taxes:
$4,927
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,927
Income
Annual Gross Income:
$46,800
Unit
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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.
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!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.