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Active NEW!
$324,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,064 sqft • 0.03 acres
Minneapolis schools
MLS# 6633042
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    Property Description

    Come see this downtown duplex, which boasts a new roof, new kitchen flooring in both units, painted cabinetry and coordinating backsplash in upper unit, and fresh paint throughout! This light and bright property is conveniently located and within walking distance to the U of M, US Bank Stadium, and many other downtown amenities. Could be owner-occupied or perfect for short- and/or long-term rentals. No direct access to basement/laundry area from the upper unit. NOTE: Tenant used larger room as BR in upper unit, but it could also be used as a LR and smaller room used as the BR. Updates: New roof - 2024 New floors in kitchens - 2024 Kitchen backsplash and lighting in upper unit - 2024 New bathroom floors and lighting in main floor unit - 2024 Sewer picote cleaning - 2024 Seller is adding new washer and dryer in basement before closing.

    Listing

    Contingency: None
    Price per sq ft: $305
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55404
    Neighborhood/Area: Elliot Park
    Subdivision Name: Atwaters Add

    Interior

    Living Area: 1,064 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Full
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Two
    Foundation Size: 532 ft2
    Handicap Accessible: Soaking Tub
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features: Concrete
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.03
    Geolocation: 44.967236, -93.256607
    Lot Dimensions: 35 x 37
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

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

    Expenses

    Annual Electric Expense: $1,500
    Annual Insurance Expense: $2,400
    Annual Maintenance Expense: $500
    Annual Gross Expense: $4,860
    Annual Trash Expense: $400
    Annual Water/Sewer Expense: $1,560
    Tenant Expenses: Electricity, Fuel, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,265
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,265

    Income

    Annual Gross Income: $29,100

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