For Sale: Minneapolis MLS# 6673455
Active
$364,000
Multi-family: Duplex Up and Down
Built 1926
2,034 sqft • 0.18 acres
Minneapolis schools
MLS# 6673455
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Property Description
South Minneapolis solid up/down duplex on corner lot, fully rented w/long term tenants. This could also be a single family conversion option turning your dream home into a corner lot reality. Beautiful hardwood floors, original woodwork w/built in hutch, front and rear entrances, 2 car shared ATTACHED garage, full basement w/laundry and storage units. *Possibility to add basement efficiency unit as it currently features (non functional) bath and large room (currently being utilized as storage; would need to add egress). Check with city/code for requirements. Could be a great opportunity for those willing to put in the work and see the vision. Unit 1 rent $1345/month, lease goes until 10/31/25 w/60 day notice. Unit 2 rent $900, m2m - LONG term tenant, w/ 60 day notice. Tenants handle snow removal and lawn care. Large lot, shared greenspace in backyard.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$364,000
Price per sq ft:
$179
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Bancroft
Subdivision Name:
Viking Heights
Interior
Finished Area:
2,034 ft2
Living Area:
2,034 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Shared Access
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
420 ft2
Foundation Size:
1,166 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Attached Garage
- Concrete
Shared Amenities:
- Common Laundry
- Other
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.928804, -93.24947
Lot Dimensions:
0
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Corner Lot
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,300
Annual Fuel Expense:
$1,300
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$200
Annual Gross Expense:
$7,400
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$800
Tenant Expenses:
Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,763
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,763
Income
Annual Gross Income:
$26,940
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Tradewind Properties.
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.