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Pending
$400,000
/mo   Edit
MLS# 5671680
Multi-family
Built 1926
2,392 fin sqft
Minneapolis schools
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    Description:   Great opportunity, solid property with strong rental history. Location is great, near light rail and busline. Great back yard. Come take a look today.
    List Price: $400,000
    Price/sq ft: $167
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1926
    Neighborhood/Area: Corcoran
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,392 ft²
    Above Ground Living: 2,392 ft²
    Below Ground Living: 0 ft²
    Basement Details: Shared Access, Storage Space, Full

    Exterior

    Heating System: Radiant
    Foundation Size: 2,392 ft²
    Fencing: Wood, Chain Link
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Roof Details: Asphalt, Pitched

    Lot

    Acres: 0.16
    Latitude: 44.93996200
    Longitude: -93.23841100
    Lot Size Dim.: 40x172
    Dev/Complex Name: Corcoran
    Zoning: Residential-Multi-Family

    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: $1,941
    Annual Maintenance Expense: $5,000
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,560

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $6,548
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,548

    Income

    Annual Gross Income: $34,800

    Rent

    Unit 1 Monthly Rent: None
    Unit 2 Monthly Rent: $1,500

    Unit

    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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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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