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Multi-family:  Duplex Up and Down
Built 1900
1,942 sqft
Minneapolis schools
MLS# 5752810
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    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


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


    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 


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


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


    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


    Annual Gross Income: $42,537


    Total Units: 3


    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    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.

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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 and should be verified by the buyer.