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$475,000  (list price)
$465,000
/mo   Edit
Multi-family:  Duplex Up and Down
Built 1965
2,288 sqft
Minneapolis schools
MLS# 5669488
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    Property Description

    Wonderful duplex in Prospect Park. Classic up/down layout with 2 bedrooms on each floor. Solid building in great condition with hardwood floors and generous room sizes. Lower level offers expansion potential - currently divided with separate utilities, storage space, and laundry per unit. Darling fenced backyard with decking and garden space. Set up on a hill, across from neighborhood green space on the quiet "Franklin frontage" road. Sought after Prospect Park location, walk to the river, light rail, grocery, shops, stores, easy access to anywhere in the Twin Cities. Fantastic opportunity for an owner occupant or as an investment.

    Listing

    Contingency: None
    Price per sq ft: $208
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: Prospect Park - East River Road

    Interior

    Living Area: 2,288 sq ft
    Above Ground Living: 2,288 sq ft
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Garage Spaces: 2
    Heating System: Forced Air
    Foundation Size: 1,144 sq ft
    Fencing: Wood, Full
    Handicap Accessible: None
    Shared Amenities:
    • Common Garden
    • Deck
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Exterior Material:
    • Brick/Stone
    • Fiber Cement
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  14 x 12  168 
    Unit 2 Bedroom 2  11 x 11  121 
    Unit 2 Dining Room  12 x 11  132 
    Unit 2 Kitchen  11 x 11  121 
    Unit 2 Living Room  17 x 13  221 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  14 x 12  168 
    Unit 1 Bedroom 2  11 x 11  121 
    Unit 1 Dining Room  12 x 11  132 
    Unit 1 Kitchen  11 x 11  121 
    Unit 1 Living Room  17 x 13  221 
    Lower Level Size Sq Ft
    Unit 1 Extra Room 1  —  — 
    Unit 2 Extra Room 1  —  — 

    Lot

    Acres: 0.12
    Geolocation: 44.96504300, -93.20916600
    Lot Dimensions: 45 x 110
    Dev/Complex Name: Prospect Park 2nd Div Rev
    Zoning: Residential-Multi-Family
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Medium

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $7,240
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,240

    Income

    Annual Gross Income: $33,600

    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.