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$385,000  (list price)
$395,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,114 sqft • 0.13 acres
Minneapolis schools
MLS# 6598341
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    Property Description

    Welcome to your dream home! This stunning updated duplex sits on a double lot in the vibrant Northeast Minneapolis Arts District, offering the perfect blend of modern living and artistic charm. Each unit boasts in-unit laundry for ultimate convenience. As you enter the upper-level unit, you'll be captivated by the original hardwood floors that exude warmth and character. The chefâ??s kitchen is a true highlight, featuring stylish updated cabinets, chic subway tile, and a professional-grade gas range, making it a delight for culinary enthusiasts. It opens gracefully into a bright living room adorned with exposed brick and breathtaking views of the downtown skyline, creating an ideal space for entertaining or relaxing. The bathroom is a sanctuary of luxury, showcasing sleek luxury vinyl plank flooring, a contemporary vanity, and a beautiful farmhouse-style soaker tub for those well-deserved spa days. Retreat to the expansive primary bedroom, complete with a rare walk-in closet that provides ample storage and organization. Both upper and lower units are vacant and ready for you to move in or lease for income potential. The spacious lower-level unit mirrors the charm of the upper floor, with original hardwood floors and an inviting open floorplan. The kitchen features a breakfast bar, exposed brick, and updated appliancesâ??including another gas rangeâ??making it both functional and stylish. The bathroom offers a unique separate shower and a sunken bathtub, creating a private oasis for relaxation. Completing this incredible opportunity is a sought-after 2-car garage, providing ample parking and storage. Whether you choose to live in one unit and rent the other or enjoy the entire space for yourself, this duplex offers endless possibilities. Donâ??t miss your chance to own a piece of this dynamic community!

    Listing

    Contingency: None
    Price per sq ft: $182
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Holland
    Subdivision Name: Lennon & Newells Add To St Anthony

    Interior

    Living Area: 2,114 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Concrete
    • Partial

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,108 ft2
    Fencing: Full, Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached
    • Garage Door Opener
    • Storage
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.13
    Geolocation: 45.01061, -93.252767
    Lot Dimensions: 103 x 55 x 104 x 55
    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: $720
    Annual Fuel Expense: $500
    Annual Insurance Expense: $4,800
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $2,000
    Annual Trash Expense: $1,250
    Annual Water/Sewer Expense: $1,250
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,784
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,784

    Income

    Annual Gross Income: $19,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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 eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.