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For Sale:  Hopkins MLS# 6780032

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Active Contingent NEW!
$465,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1958
1,696 sqft • 0.17 acres
Hopkins schools
MLS# 6780032
763-576-8286
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    Property Description

    This turnkey duplex is the perfect addition to your investment portfolio or future owner occupant. Fully leased with excellent tenants (no hassle, read to go) through September 2026. Located in a highly desirable N. Avenues neighborhood, the property is just steps from the regional bike trail, within easy walking distance to vibrant downtown Hopkins. With quick access to Highway 7 it makes commuting a breeze. Whether you're a seasoned investor or just starting out, this low-maintenance property is a rare find. Don't miss out!

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $465,000
    Price per sq ft: $274
    Property Type: Multi-family
    City: Hopkins
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1958
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55343
    Subdivision Name: Gibbs 1st Add To West

    Interior

    Finished Area: 1,696 ft2
    Living Area: 1,696 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Storage Space
    • Unfinished
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 14x26
    Garage Size: 364 ft2
    Foundation Size: 1,696 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Garage Door Opener
    • Gravel
    • Tuckunder Garage
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material:
    • Brick/Stone
    • Shake Siding
    • Wood Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.17
    Geolocation: 44.931111, -93.419517
    Lot Dimensions: Irregular
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 270
    District Phone: 952-988-4000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,989
    Annual Maintenance Expense: None
    Annual Gross Expense: $12,649
    Annual Trash Expense: $760
    Annual Water/Sewer Expense: $1,520
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,013
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,380

    Income

    Annual Gross Income: $36,000

    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

    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.