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Active
Listed
$449,900
/mo   Edit
MLS# 5682927
Multi-family
Built 1910
2,954 fin sqft
Minneapolis schools
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    Description:   Large updated 3 story duplex in the heart of NE within walking distance to river. This up down duplex's upper unit is 2 floors and 4 bedroom, 2 baths with lots of updates and rents at $1740 per month. Main level is a 3 bedroom one bath with hardwood floors, open floor plan and rents for $1600 per month. Tenants pay gas, electric and water. With shared laundry in the basement, storage and newer mechanicals, central ac & heating in each unit. This is a great solid duplex! With 2 plus car garage, storage and large yard with oversized driveway for lots of parking. Within walking distance to shops, trails, river, restaurants, transit and more! This is a great cash flowing property that is easy to operate and manage. Also perfect for an owner occupant to occupy upper unit.
    List Price: $449,900
    Price/sq ft: $152
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1910
    Neighborhood/Area: Marshall Terrace
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55418

    Interior

    Fin Sq Ft / Living Area: 2,954 ft²
    Above Ground Living: 2,954 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Partially Finished

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,120 ft²
    Shared Amenities: Patio
    Fencing: Chain Link
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Roof Details: Asphalt

    Lot

    Acres: 0.11
    Lot Description: Corner Lot
    Latitude: 45.01511900
    Longitude: -93.27108000
    Lot Size Dim.: 41x120
    Dev/Complex Name: Marshall Street Add
    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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Water, Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $2,913
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,913

    Income

    Annual Gross Income: $40,080

    Rent

    Unit 1 Monthly Rent: $1,600
    Unit 2 Monthly Rent: $1,740

    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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    Jeff Zajac
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    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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