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Active NEW!
$1,725,000
/mo Edit
Multi-family:  Triplex
12 br • 4 ba • Built 1900
4,724 sqft • 0.13 acres
MLS# 7021404
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    Property Description

    Fabulous renovated triplex offering 16 bedrooms, 8 baths, located in the heart of the U of M Campus. Great walkability & location. Addition added and many updates in 2023, parking lot in back. Currently partially rented, see under supplements including floor plans. 24hr notice for showings. A great investment property! A must see! to understand the configuration and floor plans. Parking is $100 per month. Tenants pay $50 per month for utilities.

    Listing

    Contingency: None
    Price per sq ft: $365
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55414
    Neighborhood/Area: 50

    Interior

    Living Area: 4,724 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,668 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Forced Air
    Parking Features:
    • Concrete
    • More Parking Onsite for Fee
    • Parking Lot
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Concrete
    • Stone
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Media Room
    Laundry:
    • Gas Dryer Hookup
    • In Unit
    • Laundry Room
    • Lower Level
    • Upper Level
    • Washer Hookup

    Lot & Land

    Acres: 0.13
    Geolocation: 44.985845, -93.235437
    Lot Dimensions: 41.3 x 133
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Farm

    Topography: Level

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $16,101
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $16,101

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    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!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.