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Sold
Sold
$495,000  (list price)
$487,500
/mo   Edit
MLS# 5667448
Multi-family
Built 1915
2,883 fin sqft
Minneapolis schools
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    Description:   Split level duplex investment opportunity within walking distance to Children's and Abbott Hospitals, along with Minneapolis College of Art and Design. Both units have undergone substantial cosmetic improvements and updating. Upstairs unit is currently rented at $2, 300 month through November. Lower unit has rented out for$1, 600 - $1, 800.
    List Price: $495,000
    Sold Price: $487,500
    Sold Date: 12/08/2020
    Price/sq ft: $172
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1915
    Neighborhood/Area: Whittier
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55404

    Interior

    Fin Sq Ft / Living Area: 2,883 ft²
    Above Ground Living: 2,883 ft²
    Below Ground Living: 0 ft²
    Basement Details: None

    Exterior

    Heating System: Forced Air
    Foundation Size: 984 ft²
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2

    Lot

    Acres: 0.08
    Latitude: 44.95890300
    Longitude: -93.27890300
    Lot Size Dim.: 40x90.3
    Dev/Complex Name: J T Blaisdells Rev Add

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,600
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $2,700
    Annual Maintenance Expense: $1,320
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,200

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $2,681
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,869

    Income

    Annual Gross Income: None

    Rent

    Unit 1 Monthly Rent: $1,600
    Unit 2 Monthly Rent: $2,300

    Unit

    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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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of Prudden & Company.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.