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Active
Listed
$400,000
/mo   Edit
MLS# 5671680
Multi-family
Built 1926
2,392 fin sqft
Minneapolis schools
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    Description:   Great opportunity, solid property with strong rental history. Location is great, near light rail and busline. Great back yard. Come take a look today.
    List Price: $400,000
    Price/sq ft: $167
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1926
    Neighborhood/Area: Corcoran
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,392 ft²
    Above Ground Living: 2,392 ft²
    Below Ground Living: 0 ft²
    Basement Details: Shared Access, Storage Space, Full

    Exterior

    Heating System: Radiant
    Foundation Size: 2,392 ft²
    Fencing: Wood, Chain Link
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Roof Details: Asphalt, Pitched

    Lot

    Acres: 0.16
    Latitude: 44.93996200
    Longitude: -93.23841100
    Lot Size Dim.: 40x172
    Dev/Complex Name: Corcoran
    Zoning: Residential-Multi-Family

    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: $1,941
    Annual Maintenance Expense: $5,000
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,560

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $6,548
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,548

    Income

    Annual Gross Income: $34,800

    Rent

    Unit 1 Monthly Rent: None
    Unit 2 Monthly Rent: $1,500

    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

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    TruStone
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    Jeff Zajac
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    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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