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Sold
$455,000  (list price)
$506,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,748 sqft • 0.12 acres
Minneapolis schools
MLS# 6516473
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    Property Description

    Highest and Best offer deadline is EOD Wednesday, 4/17. Tour this gorgeous up / down duplex located in the Lowry Hill East neighborhood, or "the Wedge". Walk to the Chain of Lakes, coffee shops, restaurants, and a movie theatre. Sellers have added countless upgrades throughout their tenure here; most recently, a new roof, new windows, and updated kitchens and bathrooms. Each unit has 2 bedrooms, PLUS the front sunrooms, and an additional sun porch at the back of the house. A remodel of the lower unit incorporates the back sun porch into the large sunny primary bedroom. There is a lovely backyard with a large patio. Note the plum tree, tart cherry tree and concord grapes as well as other thriving plants in the gardens. You could own a piece of Minnesota history. The well-known children's author of the Betsy-Tacy book series, Maud Hart Lovelace once lived here. Enjoy history while making it your own. You could remodel the third floor! Rental prices for comparable units are $2k/mo.

    Listing

    Contingency: None
    Price per sq ft: $166
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: Lowry Hill East
    Subdivision Name: Harrisons 2nd Add

    Interior

    Living Area: 2,748 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 3
    Garage Size: 540 ft2
    Foundation Size: 1,374 ft2
    Fencing: Partial, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Fireplace(s)
    Parking Features: Detached
    Shared Amenities:
    • Common Laundry
    • Patio
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.952774, -93.295337
    Lot Dimensions: 40 x 128
    Lot Description: Tree Coverage - Light

    Schools

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

    Expenses

    Annual Insurance Expense: $3,000
    Annual Gross Expense: $5,100
    Annual Trash Expense: $500
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,135
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $6,179

    Income

    Annual Gross Income: $18,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    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 Keller Williams Integrity Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.