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For Sale:  Minneapolis MLS# 6650962

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Active
$690,000
/mo Edit
Multi-family:  Four Plex
Built 1891
7,518 sqft • 0.19 acres
Minneapolis schools
MLS# 6650962
763-576-8286
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    Property Description

    Remarkable investment property in the heart of the Whittier neighborhood! This four-unit building has been updated throughout and features oversized units. All units feature updated kitchens and bathrooms, with original touches, and plenty of living and/ or dining room space. Buidling has been tastefully restored while allowing for new ownership to enjoy solid investment potential.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $690,000
    Price per sq ft: $92
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1891
    State: MN
    Property Style: Four Plex
    Zip Code: 55404
    Neighborhood/Area: Whittier
    Subdivision Name: Cic 1557 Third Ave Common Inter

    Interior

    Finished Area: 7,518 ft2
    Living Area: 7,518 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Stone/Rock
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 2,590 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Fiber Board
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.19
    Geolocation: 44.961796, -93.272357
    Lot Dimensions: 70 x 132
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    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: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,597
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,597

    Income

    Annual Gross Income: $80,100
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

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