Sold: Minneapolis MLS# 6530217
Sold
$590,000 (list price)
$580,000
Multi-family: Duplex Up and Down
Built 1908
2,940 sqft • 5822 acres
Minneapolis schools
MLS# 6530217
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Property Description
Expansive duplex in the heart of Lowry Hill East! Each unit features a large living room, a separate dining room, three bedrooms, and a remodeled bathroom. Enjoy gleaming hardwood floors, tall ceilings, and natural woodwork in both units. The third level was recently insulated and framed to allow for two more bedrooms, a bathroom, a kitchenette, and a large living room. Separate gas and electric utilities, two new boilers, and a brand new roof (2024)!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$590,000
Sold Price:
$580,000
Sold Date:
06/07/2024
Price per sq ft:
$201
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1908
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55405
Neighborhood/Area:
Lowry Hill East
Subdivision Name:
Lyndale Ave Add
Interior
Finished Area:
2,940 ft2
Living Area:
2,940 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
24x24
Garage Size:
576 ft2
Foundation Size:
2,979 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Detached
Shared Amenities:
- Common Laundry
- Concrete Floors & Walls
- Deck
Road Frontage:
City Street
Exterior Material:
Metal Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
5822
Geolocation:
44.958602, -93.292209
Lot Dimensions:
48 x 128
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:
$3,000
Annual Maintenance Expense:
None
Annual Gross Expense:
$12,721
Annual Trash Expense:
$1,500
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,722
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,722
Income
Annual Gross Income:
$5,040,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Owner Occupied:
Yes
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 RE/MAX Results.
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.