For Sale: Minneapolis MLS# 6526481
Active Contingent
$589,000
Multi-family: Triplex
Built 1952
2,464 sqft•0.11 acres
Minneapolis schools
MLS# 6526481
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Property Description
Fantastic triplex in a premium location. Blocks from Lake Nokomis, Triangle Park, and some of the area's best restaurants, coffee shops, breweries, and more.
Each unit is 1 bedroom, 1 bathroom, and open concept kitchen/dining with separate furnaces and utilities.
Two car garage, shared laundry and storage units in the basement. Strong rents and extremely low vacancy due to high demand location. Great long term investment in a strong location!
Two units fully rented, one vacant. Excellent opportunity to live in one unit and have the other two pay down a huge part of your mortgage.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$589,000
Price per sq ft:
$239
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1952
State:
MN
Property Style:
Triplex
Zip Code:
55417
Neighborhood/Area:
Hale
Subdivision Name:
Thorpe Bros 09th Add
Interior
Finished Area:
2,464 ft2
Living Area:
2,464 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Daylight/Lookout Windows
- Finished
- Full
- Walkout
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Foundation Size:
1,232 ft2
Fencing:
Partial
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached
- Garage Door Opener
- Units Vary
Shared Amenities:
- Coin-op Laundry Owned
- Common Garden
- Concrete Floors & Walls
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Shake Siding
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.11
Geolocation:
44.908411, -93.252841
Lot Dimensions:
40 x 123
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Gross Expense:
None
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$5,327
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,327
Units
Total Units:
3
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 Rize 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.