For Sale: Minneapolis MLS# 6499624
Active
$590,000
Multi-family: Triplex
Built 1900
2,762 sqft•0.12 acres
Minneapolis schools
MLS# 6499624
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Property Description
Rare craftsman up/down triplex in Uptown Minneapolis. This property has had the same owner for 20 years. It has been used as a rental property by a good landlord and it has been well maintained. It is always rented with good tenants. It has an excellent rental history. It is fully rented. The floor plans are original, except the third floor apartment, it was added later. The location is excellent, near all the new development in the city and sidewalk restaurants and cafes in the most vibrant part of Uptown. The wood detail in the apartments is original quarter-sawn oak. The original apartments have always been rented as three bedroom apartments. There are two original bedrooms, the third bedroom is the front sunroom with French doors. This has been an excellent source of income for retirement. The triplex is low-maintenance and has been a joy to manage.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$590,000
Price per sq ft:
$214
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Triplex
Zip Code:
55408
Neighborhood/Area:
Whittier
Subdivision Name:
Menages 3rd Add
Interior
Finished Area:
2,762 ft2
Living Area:
2,762 ft2
Refrigerators:
Three
Basement Details:
- Concrete
- Full
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,680 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
- Asphalt
- Concrete
- Shared Driveway
- Storage
- Unassigned
Shared Amenities:
- Coin-op Laundry Owned
- Deck
- Porch
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.12
Geolocation:
44.953384, -93.283379
Lot Dimensions:
39 x 130
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
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:
$3,700
Annual Maintenance Expense:
$1,800
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,000
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$8,796
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,304
Income
Annual Gross Income:
$53,580
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
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 HomeAvenue 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.