For Sale: Minneapolis MLS# 6658284
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Great investment deal! Three newly built townhomes in South Minneapolis, all units are rented out for a total monthly income of $8, 800. Each unit boasts 3 bedroom, 3 bathroom, and a beautiful kitchen with granite countertops and stainless steel appliances. The primary bedroom features two walk-in closets with a convenient second level laundry room. A fully finished basement includes the third bedroom and full bathroom. 3 PID numbers, each townhome has own PID number.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$950,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
2023
State:
MN
Property Style:
Apartments
Zip Code:
55408
Neighborhood/Area:
Central
Interior
Ranges:
Three
Refrigerators:
Three
Appliances Included:
- Air-To-Air Exchanger
- Dishwasher
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Other Parking Spaces:
1
Air Conditioning:
Central Air
Foundation Size:
2,220 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Open
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Flat
Lot & Land
Geolocation:
44.9465927078, -93.270049818
Inclusions:
Building, Land, Leases
Lot Dimensions:
90 x 52
Addl Parcels:
0302824110238, 0302824110239
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Sod Included in Price
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Insurance Expense:
$3,360
Annual Gross Expense:
$28,747
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$18,187
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,187
Income
Annual Gross Income:
$103,200
Rent
Annual Net Income:
$74,453
Units
Total Units:
3
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Real Estate Corners, Inc.
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.