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$349,900  (list price)
$356,300
/mo Edit
Multi-family:  Duplex Up and Down
Built 1905
2,034 sqft0.13 acres
Minneapolis schools
MLS# 5701221
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    Property Description

    Come in from the cold. This duplex is a great opportunity to live-in while making rent money, or to own as an investment. The hard work has already been done for you. Renovated kitchen with ceiling -high cabinets, under lighting, and cool wood countertops. Gorgeous thin-stripped hardwood flooring through the living and bedrooms. New windows throughout the duplex and awesome thick wood trim on the main level. Main level has a room that could be an office, or other flexible space. This level also has a walk-in pantry. The upper level has its own laundry room, and a walk-in closet in the master bedroom. Both levels share a cool front porch, backyard patio, and garden. You'll love the Northeast Minneapolis community and culture with so many fun places to check-out. And when the snowplows come by, you'll love having your own garage parking space! Main level is ready to move into. This is a great time to own!

    Listing

    Contingency: None
    Price per sq ft: $172
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Windom Park

    Interior

    Living Area: 2,034 ft2
    Above Ground Living: 2,034 ft2
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Drain Tiled

    Exterior

    Garage Spaces: 2
    Heating System:
    • Forced Air
    • Other
    Foundation Size: 823 ft2
    Fencing: None
    Handicap Accessible: None
    Shared Amenities:
    • Common Garden
    • Other
    • Patio
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Metal Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Flat
    • Other
    • Pitched

    Rooms

    Shared Rooms: Other
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  13 x 14  182 
    Unit 2 Bedroom 2  10 x 11  110 
    Unit 2 Extra Room 1  5 x 8  40 
    Unit 2 Kitchen  12 x 13  156 
    Unit 2 Living Room  14 x 15  210 
    Level Size Sq Ft
    Unit 1 Dining Room  —  — 
    Level Size Sq Ft
    Unit 2 Dining Room  —  — 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  13 x 14  182 
    Unit 1 Bedroom 2  10 x 11  110 
    Unit 1 Extra Room 1  5 x 8  40 
    Unit 1 Extra Room 3  8 x 20  160 
    Unit 1 Kitchen  10 x 12  120 
    Unit 1 Living Room  14 x 15  210 
    Unit 2 Extra Room 2  8 x 20  160 
    Lower Level Size Sq Ft
    Unit 1 Extra Room 2  21 x 23  483 

    Lot

    Acres: 0.13
    Geolocation: 45.01016500, -93.24462300
    Lot Dimensions: 40.00 X 140.00
    Dev/Complex Name: Polk Street Sub
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $960
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,977
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,161
    Annual Trash Expense: $720
    Annual Water/Sewer Expense: $504
    Tenant Expenses: Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $5,727
    Assessment Pending: No
    Taxes w/ Assessments: $5,727

    Income

    Annual Gross Income: $24,540

    Unit

    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

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.