Call Us Contact

My notes for this property


Add listing to my favorites (required)
Pending
$395,000
/mo   Edit
Multi-family:  Duplex Up and Down
Built 1900
1,942 sqft
Minneapolis schools
MLS# 5752810
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

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







    Thank You!

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

    Description:   Three incomes from one property that had roof replaced in 2011 with Architectural shingles, AC replaced in 2013, and furnace replaced 2016! Two 1 bedroom units and a business are in this building. All three spaces are occupied, so you're making money from day one! This one is a no brainer! Located in the heart of Northeast Minneapolis near many local restaurants, shopping, bus lines, and so much more!
    List Price: $395,000
    Price per sqft: $203
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1900
    Neighborhood/Area: Audubon Park
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55418

    Interior

    Fin Sq Ft / Living Area: 1,942 sqft
    Above Ground Living: 1,942 sqft
    Basement Details: Full

    Exterior

    Heating System: Forced Air
    Foundation Size: 592 sqft
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  12 x 12  144 
    Unit 2 Dining Room  12 x 10  120 
    Unit 2 Kitchen  12 x 10  120 
    Unit 2 Living Room  12 x 12  144 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  10 x 9  90 
    Unit 1 Kitchen  11 x 9  99 
    Unit 1 Living Room  12 x 12  144 
    Unit 3 Extra Room 1  12 x 20  240 

    Lot

    Acres: 0.14
    Latitude: 45.01877749
    Longitude: -93.23675100
    Lot Size Dim.: 48.3x127

    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: $2,706
    Annual Maintenance Expense: $162
    Annual Gross Expense: $11,717
    Annual Trash Expense: $1,630
    Annual Water/Sewer Expense: $1,630
    Tenant Expenses: Electricity, Fuel, Snow Removal, Grounds Care, Cable TV

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $4,249
    Assessment Pending: No
    Taxes w/ Assessments: $4,249

    Income

    Annual Gross Income: $42,537

    Unit

    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

    Local Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.

    to

    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  

    Comments/Questions:  

    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.