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For Sale:  Minneapolis MLS# 7029934

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Active NEW!
$499,900
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1959
1,800 sqft • 0.012 acres
MLS# 7029934
763-576-8286
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    Property Description

    Welcome to this stunning side-by-side duplex, ideally situated directly across from Bossen Field Park! Each unit hosts two bedrooms and one full bathroom. Step inside to find recently refinished original hardwood floors that greet you in the sizable living room. The recently updated kitchen boasts new cabinetry, quartz countertops, and brand-new stainless steel appliances. Both units have been updated, including the full bathrooms, which feature new vanities and a new tub/shower system. A significant value-add opportunity awaits, as each unit includes its own basement with the potential to add two bedrooms and one bathroom, substantially increasing potential rental income.The property offers a nice-sized backyard, a two-car garage with new doors and door openers, and an additional two-car slab parking area. Nearby trails connecting to Lake Nokomis and Hiawatha along with local favorites like Heathers, Nokomis Beach Coffee and A Baker's Wife. Don't miss this great investment!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,900
    Price per sq ft: $278
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1959
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55417
    Neighborhood/Area: 82
    Subdivision Name: Nokomis South Shore 2nd Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,800 ft2
    Living Area: 1,800 ft2
    Refrigerators: Two
    Basement Details: Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,800 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached Garage
    Road Frontage: City Street

    Lot & Land

    Acres: 0.012
    Geolocation: 44.901337, -93.232709
    Lot Dimensions: 40 x 128
    Zoning: Residential-Multi-Family

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,434
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,434

    Income

    Annual Gross Income: $33,600

    Units

    Total Units: 2

    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

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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