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Active NEW!
$365,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1906
3,712 sqft • 0.12 acres
Minneapolis schools
MLS# 6635084
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    Property Description

    Huge cash flowing duplex in the Near North Neighborhood full of old world charm perfect for an investor or owner occupant! This duplex has undergone tons of updates while preserving the built in buffets and lovely natural woodwork. Recent updates include: Brand new roof 2023! Newly finished 3rd level in unit 2 with 2 additional bedrooms and brand new bath, granite countertops, lots of cabinetry, main and 2nd floor bath remodels, flooring throughout, newer mechanicals, several windows, and more! Book your showing today!

    Listing

    Contingency: None
    Price per sq ft: $98
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: Near - North
    Subdivision Name: Forest Heights

    Interior

    Living Area: 3,712 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Foundation Size: 1,441 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: None
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.998957, -93.29882
    Lot Dimensions: 50 x 102
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

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

    Expenses

    Annual Insurance Expense: $1,500
    Annual Gross Expense: $4,000
    Annual Trash Expense: $1,500
    Annual Water/Sewer Expense: $1,500
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2023
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $50,340

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.