For Sale: Minneapolis MLS# 6638710
Active
$424,900
Multi-family: Duplex Up and Down
Built 1990
2,376 sqft • 0.06 acres
Minneapolis schools
MLS# 6638710
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Property Description
ASSUMABLE LOAN AT 2.5%!!! Incredible Investment Opportunity! Very Clean Duplex in an Excellent Minneapolis Location, Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The The Upper Level is Being Held Vacant to Facilitate Showings and Allow for a Potential Owner Occupant to Assume the Existing FHA Loan! Updates on the Upper Level Include New Carpeting 3 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$424,900
Price per sq ft:
$179
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1990
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55414
Neighborhood/Area:
Marcy Holmes
Subdivision Name:
Clara E Fuller Add
Interior
Finished Area:
2,376 ft2
Living Area:
2,376 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Finished
- Full
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,188 ft2
Fencing:
Partial, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road, Public Maintained Road
Heating System:
Radiant
Parking Features:
- Asphalt
- Parking Lot
- Paved
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Private Road
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Architectural Shingle
- Asphalt
- Pitched
Lot & Land
Acres:
0.06
Geolocation:
44.988381, -93.238571
Lot Dimensions:
38 x 73 x 40 x 65
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Level
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:
$900
Annual Maintenance Expense:
None
Annual Gross Expense:
$7,500
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,543
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,543
Income
Annual Gross Income:
$39,600
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Chestnut Realty Inc.
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.