Sold: Minneapolis MLS# 5702898
Sold
$449,900 (list price)
$470,000
Multi-family: Duplex Up and Down
Built 1900
2,112 sqft•0.17 acres
Minneapolis schools
MLS# 5702898
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
HIGHEST AND BEST due at 6pm 1/24/2021.
Fully renovated duplex in Seward Neighborhood loaded with updates. Building was taken down mostly to the studs in 2018 and upgraded with new windows, roof, most electrical and plumbing, AC units, water heaters, appliances, as well as kitchens and baths. Original hardwood flooring was saved preserving the original charm. 22 panel solar array mounted on the roof installed in 2019 with a 25 year warranty and greatly reduces the electrical bill. The building has an incredible track record with air bnb rentals for those who want to maximize rental income. Truly a gem of a property, don't miss out!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$449,900
Sold Price:
$470,000
Sold Date:
03/04/2021
Price per sq ft:
$213
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
Seward
Interior
Finished Area:
2,112 ft2
Living Area:
2,112 ft2
Above Ground Living:
2,112 ft2
Total Refrigerators:
Two
Basement Details:
Partial
Exterior
Garage Spaces:
2
Heating System:
Forced Air
Foundation Size:
1,100 ft2
Handicap Accessible:
None
Exterior Material:
Wood Siding
| Upper Level | Size | Sq Ft |
|---|---|---|
| Unit 2 Bedroom 1 | 12.9 x 11.6 | 132 |
| Unit 2 Bedroom 2 | 10 x 8.8 | 80 |
| Unit 2 Extra Room 1 | — | — |
| Unit 2 Kitchen | 13.6 x 13.3 | 169 |
| Unit 2 Living Room | 12 x 13.4 | 156 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Unit 1 Bedroom 1 | 10.5 x 13.4 | 130 |
| Unit 1 Bedroom 2 | 105 x 13.4 | 1,365 |
| Unit 1 Dining Room | 10.4 x 13.4 | 130 |
| Unit 1 Kitchen | 13.9 x 10 | 130 |
| Unit 1 Living Room | 7.2 x 11 | 77 |
Lot
Acres:
0.17
Geolocation:
44.95835700, -93.23821900
Lot Dimensions:
47 x 158
Dev/Complex Name:
Waters Add
Lot Description:
Corner Lot
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$975
Annual Fuel Expense:
$870
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,800
Financial & Taxes
Tax Year:
2021
Annual Taxes:
$5,006
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,416
Income
Annual Gross Income:
$25,707
Unit
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Realty Group LLC.
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.