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Active
$1,130,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1911
4,413 sqft0.12 acres
Minneapolis schools
MLS# 6481302
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    Property Description

    Your prosperous property of the year! Multifamily condo housing gem in Kenwood, creates own income and unlocks investment potential, along with Bachmann's designed Lake Superior rock garden, including jacuzzi, heated garage, and neighborhood playgrounds galore. Each outer doorway heads you to a lake (Isles/Cedar lake). Condo One: 3 beds/1 bath, hardwood floors, boxed beam ceilings, and screened sun porch. Condo Two: 3 beds/1 bath, 4-season porch/ grilling balcony/deck includes mother-in-law suite/ artist loft/standalone rental- designed to be its own living space. Three levels of kitchens and bathrooms throughout, tastefully updated. Explore this primo location with Kenwood's amenities, schools, and urban forest. Historical charm meets modern convenience for multifamily living/rental abundance.

    Listing

    Contingency: None
    Price per sq ft: $256
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55405
    Neighborhood/Area: Kenwood
    Subdivision Name: Condo 0627 Penn Manor Condo

    Interior

    Living Area: 4,413 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Block

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Size: 358 ft2
    Foundation Size: 1,480 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Concrete
    • Detached
    • Heated Garage
    • Paved
    Shared Amenities:
    • Common Laundry
    • Deck
    • Porch
    • Spa/Hot Tub
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.12
    Geolocation: 44.96191400, -93.30869800
    Lot Dimensions: 50 x 103.5
    Addl Parcels: 3202924110152
    Zoning: Residential-Multi-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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,452
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,452

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    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.