For Sale: Minneapolis MLS# 6522099
Active
$319,000
Multi-family: Duplex Up and Down
Built 1913
1,864 sqft•0.12 acres
Minneapolis schools
MLS# 6522099
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Property Description
Owner occupant opportunity to house hack yourself, or place your own tenants with the opportunity to far exceed the 1% rule on rents. 3bed & 1 bath in each unit with each having their own porch! Both units leases were up and recently vacated. Previous rent was $1825/mo in lower unit and $1750/mo in upper unit. Currently marketed at $1875/mo each (with tenants paying gas, electric, and water). New carpets in lower unit. Check out this great opportunity to start or add to your rental portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$319,000
Price per sq ft:
$171
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1913
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55412
Neighborhood/Area:
Folwell
Subdivision Name:
Egberts Add
Interior
Finished Area:
1,864 ft2
Living Area:
1,864 ft2
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
980 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Radiant
Exterior Material:
Stucco
Lot & Land
Acres:
0.12
Geolocation:
45.017844, -93.306629
Lot Dimensions:
39 x 128
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,727
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,727
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of eXp Realty.
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.