Sold: Minneapolis MLS# 6499749
Sold
$525,000 (list price)
$510,000
Multi-family: Duplex Up and Down
Built 1908
4,264 sqft • 0.16 acres
Minneapolis schools
MLS# 6499749
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Property Description
Don't miss this opportunity to own a high performing rental property in the beautiful Whittier neighborhood! This duplex is in great condition and both units are large, attracting great rental income. The upper unit boasts 5 bedrooms, 2 bathrooms, a formal dining room, living room, porch, an upper level living area and is leased for $2695. The lower unit boasts 3 bedrooms, 1 bathroom, a formal dining room, living room, porch, new windows and is rented for $1795. Both leases end May 31st with opportunity to renew. There is shared parking, shared coin laundry (bringing in additional income) and a new boiler! The property used to be a triplex and is already set up with a 3rd electrical panel and 3rd floor rough-in plumbing for a kitchen if someone wanted to convert it back. Awesome opportunity for an investor or owner occupant looking to house hack.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$525,000
Sold Price:
$510,000
Sold Date:
05/28/2024
Price per sq ft:
$123
Property Type:
Multi-family
City:
Minneapolis
County:
Hennepin
Year Built:
1908
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55404
Neighborhood/Area:
Whittier
Subdivision Name:
Daytons Sub Blks J T Blaisdell
Interior
Finished Area:
4,264 ft2
Living Area:
4,264 ft2
Basement Details:
- Daylight/Lookout Windows
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Foundation Size:
1,632 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.16
Geolocation:
44.9594377959, -93.2826019239
Lot Dimensions:
51 x 165
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Gross Expense:
None
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$9,298
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,006
Income
Annual Gross Income:
$1
Units
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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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.