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Sold
$390,000  (list price)
$395,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
2,600 sqft0.13 acres
Minneapolis schools
MLS# 6105879
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    Property Description

    We have received multiple offers, the seller requests Highest & Best by noon on Friday, October 1. Nicely updated kitchens and baths. Each apartment has 2 beds, great closet space. Original hardwood floors and woodwork, laundry in basement. Extra rental income from shed in back. Excellent owner occupancy situation as the upper level is vacant. Full basement with finished walls and ceiling, 2 separate rooms for storage. Bonus half bath LL. Please allow 24 hour notice for showings. Social distancing please.

    Listing

    Contingency: None
    Price per sq ft: $150
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Windom Park

    Interior

    Living Area: 2,600 ft2
    Above Ground Living: 2,000 ft2
    Below Ground Living: 600 ft2
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Garage Spaces: 2
    Heating System: Forced Air
    Foundation Size: 1,064 ft2
    Fencing: None
    Handicap Accessible: None
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lake & Waterfront

    Lake / Waterfront: Other
    DNR Lake ID#: 999999999
    Lake Acres: 0
    Lake Depth: 0

    Lot

    Acres: 0.13
    Geolocation: 45.00879700, -93.23368300
    Lot Dimensions: 45 x 127
    Dev/Complex Name: New England Park Add
    Topography: Level
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    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: $1,400
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $3,400
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $5,637
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,720

    Income

    Annual Gross Income: $36,840
    Misc. Annual Income: $600
    Misc. Monthly Income: $50

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • 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 eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.