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Multi-family:  Four Plex
Built 1908
4,728 sqft
Minneapolis schools
MLS# 6007429
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    Description:   Unique opportunity 4-Plex and single family home on one corner lot. Original hardwood floors and trim. Four-Plex has 3 large 1 bedroom units with dining space, and one large two bedroom unit. Basement can be segmented for tenants and/or owners. Single family home has two large bedrooms, kitchen, dining, and living space plus basement laundry and storage. Tremendous opportunity for investors or live in owner.
    List Price: $769,900
    Price per sqft: $163
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Four Plex
    Year Built: 1908
    Neighborhood/Area: Powderhorn Park
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55407


    Fin Sq Ft / Living Area: 4,728 sqft
    Above Ground Living: 4,728 sqft
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Unfinished, Storage Space, Shared Access, Owner Access


    Heating System: Hot Water, Boiler
    Foundation Size: 2,152 sqft
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street, Paved Streets
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 0
    Roof Details: Asphalt
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  12 x 15  180 
    Unit 2 Bedroom 2  11 x 14  154 
    Level Size Sq Ft
    Unit 1 Family Room   
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  9 x 13  117 
    Unit 1 Dining Room  12 x 15  180 
    Unit 1 Kitchen  9 x 15  135 
    Unit 1 Living Room  11 x 17  187 
    Unit 2 Dining Room  10 x 13  130 
    Unit 2 Kitchen  8 x 9  72 
    Unit 2 Living Room  15 x 19  285 
    Lower Level Size Sq Ft
    Unit 2 Family Room  14 x 18  252 


    Acres: 0.13
    Lot Description: Corner Lot, Tree Coverage - Light
    Latitude: 44.93610000
    Longitude: -93.25962100
    Lot Size Dim.: 46x126
    Zoning: Residential-Multi-Family


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


    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $20,064
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $3,600
    Tenant Expenses: Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $10,564
    Assessment Pending: No
    Taxes w/ Assessments: $10,564


    Annual Gross Income: $65,448
    Misc. Annual Income: None
    Misc. Monthly Income: None


    Total Units: 4


    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    Jeff Zajac joined the Truestone Home Mortgage 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.

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