For Sale: Minneapolis MLS# 7028399
Active
$498,967
Multi-family: 2 Stories
6 br • 2 ba • Built 1911
2,445 sqft • 0.17 acres
MLS# 7028399
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Property Description
Great cashflowing duplex in high demand Whittier neighborhood. 6 bedroom building! Both units are currently being rented. Main floor offers 2 bedrooms and 1 bathroom, hearthroom, dining room and family room. Unit 2 offers 4 bedrooms, sunroom and 1 bathroom. Single car detached garage, great for storage or as a traditional garage space plus 3 additional parking spaces on a concrete pad. The 2nd unit also offers deck and a lofted space. Newer roof and boiler and windows.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$498,967
Price per sq ft:
$204
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1911
State:
MN
Property Style:
2 Stories
Zip Code:
55404
Neighborhood/Area:
84
Subdivision Name:
J T Blaisdells Rev Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,445 ft2
Living Area:
2,445 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
240 ft2
Foundation Size:
1,087 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Detached Garage
- Storage
Lot & Land
Acres:
0.17
Geolocation:
44.956072, -93.280821
Lot Dimensions:
45 x 165
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,388
Annual Fuel Expense:
$3,280
Annual Insurance Expense:
$1,617
Annual Maintenance Expense:
$500
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,992
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,514
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,910
Income
Annual Gross Income:
$35,820
Misc. Annual Income:
$1,800
Misc. Monthly Income:
$150
Rent
Annual Net Income:
$26,329
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- 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!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty - Southwest Regional.
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.