For Sale: Minneapolis MLS# 6683652
Active
$499,999
Multi-family: Duplex Up and Down
Built 1922
3,000 sqft • 0.11 acres
Minneapolis schools
MLS# 6683652
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Property Description
This well-maintained property features beautiful woodwork and peaceful park views. The main floor unit offers an updated kitchen and bath, plus a one-year-old washer and dryer. The upstairs unit boasts an updated bath, gorgeous kitchen cabinets, and plenty of natural sunlight. Both units feature fireplaces for cozy evenings.
The downstairs tenants have been long-term residents for nearly four years, while the upstairs tenants are in their seventh month. Both leases expire at the end of July.â??great rental income potential. The upstairs unit rents for $1, 500/month, and the downstairs unit rents for $1, 850/month
The basement offers possibilities for additional living space or even a separate unit with an egress window, adding more rental income potential.
Enjoy the back patio and garden, along with private offsite parking and a shared two-car garage. This property is full of charm and offers excellent investment opportunitiesâ??donâ??t miss it!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,999
Price per sq ft:
$167
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Central
Subdivision Name:
Veazie Add
Interior
Finished Area:
3,000 ft2
Living Area:
3,000 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
1,080 ft2
Foundation Dimensions:
0
Handicap Accessible:
None
Heating System:
Boiler
Shared Amenities:
Patio
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Composition
Lot & Land
Acres:
0.11
Geolocation:
44.935513, -93.265455
Lot Dimensions:
42X117
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:
$4,800
Annual Maintenance Expense:
$500
Annual Gross Expense:
$8,500
Annual Trash Expense:
$900
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,140
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,140
Income
Annual Gross Income:
$40,200
Units
Total Units:
2
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 Bridge Realty, LLC.
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.