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Active NEW!
$599,900
/mo Edit
Multi-family:  1 Story
4 br • 2 ba • Built 1948
1,600 sqft • 0.21 acres
MLS# 7031259
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    Property Description

    Check out this rare opportunity located on the coveted Cromwell Drive. This lovely duplex sits nicely on a hill under a canopy of oak trees just 1/2 block from Minnehaha creek and a few blocks from Lake Harriet. Walk to many dining options as well or to the corner of the lot and hop on a bus. This home has been enjoyed by the same owner for over 25 years and is available for the next owner to enjoy. With quite a few updates, like windows and doors the home is ready to go for its new owner. A warranty takes the worry out of any mechanical issues you may have in either unit moving forward. Make an appointment today to check it out.

    Listing

    Contingency: None
    Price per sq ft: $375
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55410
    Neighborhood/Area: 28
    Subdivision Name: Harriet Heights 3rd Div

    Interior

    Living Area: 1,600 ft2
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 200 ft2
    Foundation Size: 1,600 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Floor Drain
    • Heated Garage
    • Insulated Garage
    • Shared Driveway

    Lot & Land

    Acres: 0.21
    Geolocation: 44.905921, -93.30906
    Lot Dimensions: 60 x 150

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,448
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,160
    Tenant Expenses: Cable TV, Electricity, Fuel, Lawn Care, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,707
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,142

    Income

    Annual Gross Income: $40,140

    Rent

    Annual Net Income: $24,360

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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.