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Active NEW!
$529,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1927
3,912 sqft • 0.12 acres
Minneapolis schools
MLS# 7067886
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    Property Description

    Classic Tudor Duplex! Both units have been well maintained and mirror each other! Updated Kitchens with Beautiful Maple Cabinetry, Quartz counter tops with Breakfast Bar and Quaint Informal Dining area. Both units have Hardwood floors through-out, Classic Wide Woodwork with Built-in Corner Hutches in the Dining Room! There is a Wood Burning Fireplace with Brick Hearth and surround in each unit! Inside both front and back doors there is a secure stairwell to each unit. That stairwell also leads to a common basement with laundry facilities. Each unit has their own individual laundry hook-ups. Each tenant has their own personal machines. There is a large common area in the basement plus an individual store rooms in the basement, one for each unit. The double garage has 2 individual doors, 1 stall for each unit with Garage Door Opener. There is enough room in the driveway for 2 more cars.

    Listing

    Contingency: None
    Price per sq ft: $135
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55419
    Neighborhood/Area: 40
    Subdivision Name: Turner & Warnocks 1st Add

    Interior

    Living Area: 3,912 ft2
    Refrigerators: Two
    Basement Details: Shared Access

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20 x 22
    Garage Size: 440 ft2
    Garage Door Height: 7
    Garage Door Width: 8
    Foundation Size: 1,289 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities:
    • Laundry
    • Lobby Entrance
    Road Frontage: City Street

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.12
    Geolocation: 44.923093, -93.27701
    Lot Dimensions: 43 x 126
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1,200
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $5,537
    Annual Maintenance Expense: None
    Annual Trash Expense: $2,040
    Annual Water/Sewer Expense: $2,040
    Tenant Expenses: Electricity, Gas, Lawn Care, Snow Removal, See Remarks

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,973
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,973

    Income

    Annual Gross Income: $36,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $33,960

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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.
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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
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