Sold: Minneapolis MLS# 6504198
Sold
$550,000 (list price)
$555,000
Multi-family: Triplex
Built 1914
2,610 sqft • 0.16 acres
Minneapolis schools
MLS# 6504198
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Property Description
Exceptionally maintained with a strong rental history, this Corcoran Neighborhood triplex is perfect for either an investor or owner occupant. Walkable to numerous restaurants, shops, Powderhorn and other City parks, the light rail transit system, and more it's location is truly ideal. Property highlights: updated kitchens, original hardwood floors, brand new heated 3 car garage with 220 volt hookup and large attic space above that could function as a workshop/studio/etc, shared fenced backyard with perennial gardens. Although zoned as a duplex, the property features a third unit giving added income potential.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$550,000
Sold Price:
$555,000
Sold Date:
06/07/2024
Price per sq ft:
$211
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1914
State:
MN
Property Style:
Triplex
Zip Code:
55407
Neighborhood/Area:
Corcoran
Interior
Finished Area:
2,610 ft2
Living Area:
2,610 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Size:
800 ft2
Foundation Size:
960 ft2
Fencing:
Full, Wood
Handicap Accessible:
None
Heating System:
- Forced Air
- Hot Water
Parking Features:
Detached
Shared Amenities:
Common Laundry
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.16
Geolocation:
44.9442111456, -93.2401224043
Lot Dimensions:
42 x 172
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
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
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,430
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$6,025
Income
Annual Gross Income:
None
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 Lakes Sotheby's International 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.