Sold: Minneapolis MLS# 6398545
Sold
$379,900 (list price)
$345,415
Multi-family: Duplex Up and Down
Built 1904
1,419 sqft • 0.12 acres
Minneapolis schools
MLS# 6398545
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Property Description
Here is your opportunity! Blocks from Lake Harriet and the Kingfield Farmers Market, this income-generating duplex boasts new Hardie Board siding, windows, and roof! Main floor is a 2-bedroom unit that is nicely remodeled, vacant and ready to occupy by an owner or a new renter. Upper unit is a freshly updated 1-bedroom that is also vacant. Excellent rental history with very close to zero vacancy. This is an excellent neighborhood and your opportunity to determine who lives in each unit. Upper and lower units are newly carpeted with a 5-year warranty transferrable to the new owner. The duplex also offers a fenced front yard with a large, open backyard. Plenty of off-street parking is available, and an asphalt parking pad in back is the perfect place to add a garage.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$379,900
Sold Price:
$345,415
Sold Date:
09/08/2023
Price per sq ft:
$268
Property Type:
Multi-family
City:
Minneapolis
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55409
Neighborhood/Area:
King Field
Subdivision Name:
Cable Line Add
Interior
Finished Area:
1,419 ft2
Living Area:
1,419 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
One and One Half
Foundation Size:
911 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Fiber Cement
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
44.924266, -93.280159
Lot Dimensions:
40 x 132
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Gross Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$5,284
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,917
Income
Annual Gross Income:
$31,200
Units
Total Units:
2
Miscellaneous
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
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.
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!
Listing provided by RMLS,
courtesy of Uptown 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.