For Sale: Minneapolis MLS# 7144923
Active Contingent
$799,900
Multi-family: Fourplex
8 br • 4 ba • Built 1925
4,356 sqft • 0.16 acres
Minneapolis schools
MLS# 7144923
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Property Description
Strong Rental Property to own. All units have been updated with great kitchens & baths, hardwood floors, built-ins & newer windows. Parking lot in back. Great floor plans, close to Lake Harriet and easy to rent. Stop in - you'll be pleased.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$799,900
Price per sq ft:
$184
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1925
State:
MN
Property Style:
Fourplex
Zip Code:
55419
Neighborhood/Area:
20
Subdivision Name:
Remingtons 3rd Add
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
4,356 ft2
Living Area:
4,356 ft2
Refrigerators:
Four
Basement Details:
- Block
- Storage/Locker
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,178 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Parking Lot
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
- Security Building
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.16
Geolocation:
44.920884, -93.290495
Lot Dimensions:
51 x 134
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$240
Annual Fuel Expense:
$3,600
Annual Insurance Expense:
$6,474
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$480
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$12,737
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,737
Income
Annual Gross Income:
$84,840
Rent
Annual Net Income:
$64,851
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.