For Sale: Minneapolis MLS# 6676559
Active Contingent
$750,000
Multi-family: Four Plex
Built 1958
3,060 sqft • 0.13 acres
Minneapolis schools
MLS# 6676559
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Property Description
Extremely rare opportunity to own a prime rental property in the hottest rental market in the City!!Steps to Lake Harriet and downtown LH. 3020 bldg is also available. 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 modern flair. Incredible location with an easy walk to the Lakes and downtown Linden Hills. Tons of potential for future upper scale density or residential mixed use development.
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:
- Block
- Full
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,530 ft2
Foundation Dimensions:
0
Handicap Accessible:
None
Heating System:
Fireplace(s)
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
Lot Description:
Public Transit (w/in 6 blks)
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, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,137
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,232
Income
Annual Gross Income:
$54,180
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.