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$299,900  (list price)
$229,900
/mo Edit
Single Family:  2 Stories
4 br2 baBuilt 1911
2,632 sqft0.15 acres
Minneapolis schools
MLS# 6343754
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    Property Description

    This home is an "investor special" that has a lot of potential for those looking to make a profit through real estate. It is located in a good location and is conveniently situated on the bus line, making it easily accessible for tenants or future buyers. The property is also zoned for a duplex, which means that it has the potential to be converted into a two-unit property. The home already features two full kitchens, which is a great asset for anyone looking to create a rental property. Additionally, the private entrance to the lower level makes it easy to create a separate living space for tenants or for additional rental income. The newer roof and facia are also great features that will help to ensure the property is structurally sound and well-maintained. Overall, this property presents a great opportunity for anyone looking to invest in real estate and create a profitable rental property. Seller will consider a short term contract for deed. House is sold "as is, where is"

    Listing

    Contingency: None
    Price per sq ft: $114
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55407
    Neighborhood/Area: Northrop

    Interior

    Living Area: 2,632 ft2
    Above Ground Living: 2,032 ft2
    Below Ground Living: 600 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Egress Window(s)
    • Partially Finished
    • Single Tenant Access

    Exterior

    Garage Spaces: 1
    Air Conditioning: Wall Unit(s)
    Heating System: Forced Air
    Foundation Size: 1,064 ft2
    Handicap Accessible: None
    Exterior Material: Fiber Board

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None

    Lot

    Acres: 0.15
    Geolocation: 44.92348400, -93.25200300
    Lot Dimensions: 53 x 122
    Dev/Complex Name: Starings Bloomington Terrace Add
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $5,018
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,018
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    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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    Listing provided by RMLS, courtesy of Midwest Management Incorporated dba Midwest Homes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.