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For Sale:  Minneapolis MLS# 6787551

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Active NEW!
$695,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
4,757 sqft • 0.16 acres
Minneapolis schools
MLS# 6787551
763-576-8286
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    Property Description

    Pride of ownership is evident in this charming home! From the beautiful gardens and landscaping to the exquisite character and woodwork inside, you won't be disappointed! This home is zoned for a duplex; however, it can be used in a variety of ways. Three of the four levels are complete with bedrooms, baths, kitchens, laundry and main living spaces. This could be an owner occupant home with separate living spaces for the multi-generational family as well. You could rent the entire home out as a duplex with each unit having 5 bedrooms. Start your investment with ease knowing there is a new roof, siding, Anderson windows and 2 new boilers. Convenient location and quick closing available.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $695,000
    Price per sq ft: $146
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55404
    Neighborhood/Area: Elliot Park
    Subdivision Name: J S & W Elliots Add

    Interior

    Finished Area: 4,757 ft2
    Living Area: 4,757 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Foundation Size: 1,411 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Detached
    • Garage Door Opener
    • Gravel
    Shared Amenities: None
    Exterior Material: Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.16
    Geolocation: 44.966963, -93.261479
    Lot Dimensions: 150 x 50 x 115 x 11 x 34 x 39
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: $150
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $500
    Annual Gross Expense: $1,450
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,221
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,221

    Income

    Annual Gross Income: $72,000

    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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    Payment:  /mo

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.