Sold: Minneapolis MLS# 6616950
Sold
$450,000 (list price)
$440,000
Multi-family: Duplex Up and Down
Built 1900
2,910 sqft • 0.16 acres
Minneapolis schools
MLS# 6616950
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Property Description
Introducing 2220 2nd Street Northeast in the Bottineau neighborhood of North East Minneapolis Arts District. This duplex is a great investment or owner-occupied opportunity. The main level two-bedroom apartment and lower-level two-bedroom unit were previously rented as one unit. Buyer would have the potential to convert this building to a triplex. The upper level unit features Two bedrooms, full kitchen, and in unit laundry. The main floor unit boasts a front porch, two bedrooms, hardwood floors, full kitchen, and available for immediate occupancy. The upper level two bedroom unit offers an updated kitchen, large dining room and plenty of natural light. Completing this duplex is a two-car garage and a private backyard surrounded by a wood privacy fence. Located in a walkable neighborhood surrounded by coffee shops, breweries, grocery, diverse dining, parks, and trails along the Mississippi River.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$450,000
Sold Price:
$440,000
Sold Date:
11/21/2024
Price per sq ft:
$155
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
Bottineau
Subdivision Name:
B S Wrights Add
Interior
Finished Area:
2,910 ft2
Living Area:
2,910 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22x18
Garage Size:
396 ft2
Foundation Size:
1,000 ft2
Fencing:
Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
Detached
Shared Amenities:
- Laundry
- Porch
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
Exterior Material:
Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.16
Geolocation:
45.010814, -93.26661
Lot Dimensions:
43 x 157
Zoning:
Residential-Multi-Family
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
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:
$1,755
Annual Maintenance Expense:
$3,511
Annual Gross Expense:
$13,592
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,379
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,807
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,807
Income
Annual Gross Income:
$45,300
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
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Compass.
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.