For Sale: Minneapolis MLS# 6695956
Active
$590,000
Multi-family: Duplex Up and Down
Built 1929
3,687 sqft • 0.17 acres
Minneapolis schools
MLS# 6695956

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Property Description
LOCATION, LOCATION, LOCATION! This high-demand duplex is a cash-flowing dream with incredible potential. Zoned as a duplex, it also features a possible third unit in the basementâ??just add zoning and egress for even more income! Previously owner-occupied with no current rent rolls, this is the perfect chance to set your own rates. The property boasts a spacious fenced backyard and patio, ideal for entertaining. Whether youâ??re an investor or looking to house-hack, this well-maintained property in a sought-after neighborhood wonâ??t stay on the market long. Rents and Expenses are estimated due to owner occupancy. Donâ??t miss outâ??schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$590,000
Price per sq ft:
$160
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1929
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55416
Neighborhood/Area:
Cedar - Isles - Dean
Subdivision Name:
Auditors Sub 220
Interior
Finished Area:
3,687 ft2
Living Area:
3,687 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
960 ft2
Foundation Size:
1,284 ft2
Handicap Accessible:
None
Heating System:
Boiler
Exterior Material:
Stucco
Lot & Land
Acres:
0.17
Geolocation:
44.948808, -93.328354
Lot Dimensions:
64 x 140
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:
$500
Annual Gross Expense:
None
Annual Trash Expense:
$450
Annual Water/Sewer Expense:
$600
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,711
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,711
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.