Sold: Minneapolis MLS# 6094855
Sold
$400,000 (list price)
$395,000
Multi-family: Triplex
Built 2004
2,680 sqft • 0.25 acres
Minneapolis schools
MLS# 6094855
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Property Description
Great investment opportunity in this triplex situated on a large corner lot, close to Theodore Wirth Regional Park, downtown Minneapolis & convenient highway access. Main and upper level has front and side access, 3 bedrooms, 1 full bathroom, coin-op laundry & open living room, kitchen and dining. Main level unit has been freshly painted. Lower level unit is not currently finished but framed and ready to go, once completed has the potential to be a triplex. Three separate garage spaces for each unit. Other updates include new blower on furnace, new thermostats & new upper level refrigerator 2018.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$400,000
Sold Price:
$395,000
Sold Date:
12/28/2021
Price per sq ft:
$149
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
2004
State:
MN
Property Style:
Triplex
Zip Code:
55411
Neighborhood/Area:
Willard - Hay
Subdivision Name:
Forest Heights
Interior
Finished Area:
2,680 ft2
Living Area:
2,680 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Egress Window(s)
- Full
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
30 X 20
Garage Size:
616 ft2
Foundation Size:
1,320 ft2
Fencing:
Chain Link, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.25
Geolocation:
44.999959, -93.306039
Lot Dimensions:
Irregular
Zoning:
- Residential-Multi-Family
- 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:
$2,881
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
None
Annual Trash Expense:
$1,250
Annual Water/Sewer Expense:
$1,250
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2021
Annual Taxes:
$4,607
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,559
Land Lease Amount:
0
Income
Annual Gross Income:
$31,000
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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!
Listing provided by RMLS,
courtesy of eXp Realty.
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.