Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Minneapolis MLS# 6701351

My notes for this property


Add listing to my favorites (required)
Active
$345,000
/mo Edit
Multi-family:  Triplex
Built 1900
1,729 sqft • 0.07 acres
Minneapolis schools
MLS# 6701351
763-576-8286
Open House
         12p - 1:30p
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Own this completely stabilized NE MPLS Triplex with amazing cash flow in Minneapolis Sheridan Neighborhood! great owner occupancy opportunity! Classic turn of the century home is located in the center of the NE Arts District and walkable to breweries, restaurants theater, parks and trails. Upper unit rents as single room occupancy with shared common areas, Month to Month leases with long term clients .High cash flow with low vacancy! **Monthly rent per unit: 2BR-$950/mo., 1BR-$850/mo., 4BR-$2340/mo.**

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $345,000
    Price per sq ft: $200
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Triplex
    Zip Code: 55413
    Neighborhood/Area: Sheridan
    Subdivision Name: Callaghans Sub Of Lts Bottineaus 2nd

    Interior

    Finished Area: 1,729 ft2
    Living Area: 1,729 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Crawl Space
    • Partial

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 264 ft2
    Foundation Size: 900 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Space Heater
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Wood Siding

    Lot & Land

    Acres: 0.07
    Geolocation: 45.003936, -93.262338
    Lot Dimensions: 25 x 118

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $900
    Annual Fuel Expense: $1,600
    Annual Insurance Expense: $4,500
    Annual Maintenance Expense: $600
    Annual Gross Expense: $19,784
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $4,878

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,911
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,911

    Income

    Annual Gross Income: $49,680
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    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.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.