For Sale: Minneapolis MLS# 6525891
Active
$450,000
Multi-family: Duplex Up and Down
Built 1900
2,904 sqft•0.12 acres
Minneapolis schools
MLS# 6525891
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Property Description
Xoxo - Welcome Home! This is an incredible opportunity for someone looking to invest in Real Estate! The fact that the upper unit is owner occupied adds a personal touch and flexibility for the new owner. With all-new appliances, flooring, and paint, both units are move-in ready. Making it attractive for potential tenants or short-term renters! The lower unit's setup as an AirBnb and furnished listing. Complete with furnishings, security systems and established accounts, provides immediate income potential without the need for additional setup on marketing efforts. It is rare to find a property that's already set up for short-term rentals like this one. Don't Miss out!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$155
Property Type:
Multi-family
City:
Minneapolis
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
Marshall Terrace
Subdivision Name:
Northtown Add
Interior
Finished Area:
2,904 ft2
Living Area:
2,904 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Foundation Size:
845 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.12
Geolocation:
45.021866, -93.270006
Lot Dimensions:
133 x 40
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$1,440
Annual Electric Expense:
$1,700
Annual Fuel Expense:
$2,040
Annual Insurance Expense:
$3,060
Annual Maintenance Expense:
$600
Annual Gross Expense:
$13,500
Annual Trash Expense:
$900
Annual Water/Sewer Expense:
$1,524
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,600
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,600
Income
Annual Gross Income:
$19,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Integrity Realty.
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.