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Sold:  Minneapolis MLS# 6369532

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Sold
$650,000  (list price)
$629,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1955
3,402 sqft • 0.23 acres
Minneapolis schools
MLS# 6369532
763-576-8286
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    Property Description

    Welcome to a great opportunity! This duplex (side by side) is on a double lot in the desired Fulton neighborhood and blocks away from Lake Harriet. Each unit has similar space with over 1500 finished square feet. The units offer 2 bedrooms, one bath on the main level and the lower level has an ensuite with a three-quarter bath, kitchenette, private entrance, single-car tuck-under garage and plenty of storage. The backyard offers additional parking, green space and a detached two-car garage with an attached sunroom that can be enjoyed most of the year. This duplex double lot has potential to grow; whether it's owner-occupied or used as an investment property. This is one you have to see in person to appreciate the potential, schedule a showing today. Thank you!

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $650,000
    Sold Price: $629,000
    Sold Date: 08/25/2023
    Price per sq ft: $191
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1955
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Neighborhood/Area: Fulton
    Subdivision Name: Reeve Park 3rd Div

    Interior

    Finished Area: 3,402 ft2
    Living Area: 3,402 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Finished
    • Partially Finished
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Size: 1,134 ft2
    Foundation Size: 2,268 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    • Multiple Garages
    • Tuckunder Garage
    Shared Amenities: Patio
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.23
    Geolocation: 44.911767, -93.312867
    Lot Dimensions: 80 x 128
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Gross Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $9,885
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,885

    Income

    Annual Gross Income: $43,440

    Units

    Total Units: 2

    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

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.