For Sale: Minneapolis MLS# 6641454
Active
$524,900
Multi-family: Triplex
Built 1900
2,850 sqft • 0.17 acres
Minneapolis schools
MLS# 6641454
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Property Description
Back on the Market! Buyer's financing fell through. Welcome to this amazing triplex in South Minneapolis! Make this your next investment property or make one of the units your next home and collect rent at the same time! Property has been well taken care of and all of the tenants have been there for over 2 years! Large lot with 6 parking spaces in the back! Central Minneapolis location, close to parks, shopping, and entertainment. Don't wait and make this your next home or rental property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$524,900
Price per sq ft:
$184
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Triplex
Zip Code:
55407
Neighborhood/Area:
Midtown Phillips
Subdivision Name:
Merriam & Shaws Add
Interior
Finished Area:
2,850 ft2
Living Area:
2,850 ft2
Basement Details:
Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0x0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,100 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.17
Geolocation:
44.950643, -93.254118
Lot Dimensions:
58 x 127.5
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$16,800
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,470
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,470
Income
Annual Gross Income:
$60,780
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Algo 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.