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$450,000  (list price)
$420,000
/mo Edit
Multi-family:  Triplex
Built 1954
2,712 sqft • 0.11 acres
Minneapolis schools
MLS# 6021347
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    Property Description

    Must see Tri Plex great opportunity for owner oacupied or investor owned south MPLS tri-plex unit 1 has been updated with new floors and updated kitchen and freshly painted walls , unit 2 has been updated recently with hardwood floors, updated kitchen and has a new Furnace and central A/c unit, unit 3 has been updated with new flooring updated kitchen and freshly painted walls each unit has 2 bedrooms and one bath. Off street parking and the 2 car garage can be rented for more income.

    Listing

    Contingency: None
    Price per sq ft: $166
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55407
    Neighborhood/Area: Central
    Subdivision Name: Henry M Morses Add

    Interior

    Living Area: 2,712 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Single Tenant Access
    • Storage Space
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 17x20
    Garage Size: 340 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 2,449 ft2
    Foundation Dimensions: 72.5x33
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • No Int Access to Dwelling
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.11
    Geolocation: 44.936924, -93.264131
    Lot Dimensions: 42 x 117
    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: $720
    Annual Fuel Expense: $540
    Annual Insurance Expense: $3,100
    Annual Maintenance Expense: $500
    Annual Gross Expense: $12,000
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,300
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $4,456
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,456
    Land Lease Amount: 0

    Income

    Annual Gross Income: $30,000

    Units

    Total Units: 3

    Miscellaneous

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

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