For Sale: Minneapolis MLS# 6676476
Active Contingent
$750,000
Multi-family: Four Plex
Built 1958
3,060 sqft • 0.13 acres
Minneapolis schools
MLS# 6676476
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Property Description
Extremely rare opportunity to own a fourplex in the hottest rental market in Minneapolis!! 3020 bldg is also also available for the same $750k price. Incredible potential for upper scale units or future development per the Minneapolis zoning code. Always super easy to rent. Both buildings are almost identical. All units have similar 1 bedroom, open floorplans. Each unit has its own washer and dryer, furnace, storage locker and parking space. Units are light and bright with all new windows and a modernflair. Incredible location with an easy walk to the Lakes and downtown Linden Hills
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$750,000
Price per sq ft:
$245
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1958
State:
MN
Property Style:
Four Plex
Zip Code:
55410
Neighborhood/Area:
Linden Hills
Subdivision Name:
First Div Of Remington Park
Interior
Finished Area:
3,060 ft2
Living Area:
3,060 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Full
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,530 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Assigned
- Paved
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.13
Geolocation:
44.923615, -93.318487
Lot Dimensions:
44 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$240
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,300
Tenant Expenses:
Cable TV, Electricity, Fuel, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,137
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,292
Income
Annual Gross Income:
$55,740
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
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.