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Active NEW!
$325,000
/mo Edit
Multi-family:  More Than 2 Stories
4 br • 3 ba • Built 1906
1,988 sqft • 0.13 acres
MLS# 7031838
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    Property Description

    Rare Up/Down Duplex neat it all- Ideal for Investors or Owner-Occupants! Don't miss this exceptional opportunity to own a rarely available 2.5-story up/down duplex in a prime location close to everything! The spacious main-level unit, intentionally left vacant, is perfect for an owner- occupant ready to add their personal touch with a little TLC. This bright and airy 2-bedroom unit offers abundant natural light and functional living space. Upstairs, the unique 2-level upper unit features 2 bedrooms, 2 bathrooms, a living room, a kitchen and a cozy den- beautifully updated for modern living. Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this property offers flexibility and strong potential.

    Listing

    Contingency: None
    Price per sq ft: $163
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55408
    Neighborhood/Area: 11
    Subdivision Name: Wolvertons Add

    Interior

    Living Area: 1,988 ft2
    Basement Details: Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 864 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water

    Lot & Land

    Acres: 0.13
    Geolocation: 44.942168, -93.269316
    Lot Dimensions: 40 x 130

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Fuel, Sewer, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,290
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,290

    Income

    Annual Gross Income: $30,180

    Rent

    Annual Net Income: None

    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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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Herman Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.