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Pending
$450,000
/mo   Edit
Multi-family:  Triplex
Built 1954
2,712 sqft
Minneapolis schools
MLS# 6021347
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    Description:   Must see Tri Plex great opportunity for owner oacupied or investor owned south MPLS tri-plex unit 1 has been updated with new floors and updated kitchen and freshly painted walls , unit 2 has been updated recently with hardwood floors, updated kitchen and has a new Furnace and central A/c unit, unit 3 has been updated with new flooring updated kitchen and freshly painted walls each unit has 2 bedrooms and one bath. Off street parking and the 2 car garage can be rented for more income.
    List Price: $450,000
    Price per sqft: $166
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Triplex
    Year Built: 1954
    Neighborhood/Area: Central
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,712 sqft
    Above Ground Living: 1,716 sqft
    Below Ground Living: 996 sqft
    Total Ranges: Three
    Total Refrigerators: Three
    Basement Details: Walkout, Finished, Daylight/Lookout Windows, Egress Window(s), Storage Space, Single Tenant Access

    Exterior

    Heating System: Forced Air
    Foundation Size: 2,449 sqft
    Fencing: Chain Link
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Roof Details: Asphalt, Age 8 Years or Less
    Level Size Sq Ft
    Unit 1 Dining Room   
    Level Size Sq Ft
    Unit 2 Dining Room   
    Level Size Sq Ft
    Unit 3 Dining Room   
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  11 x 11  121 
    Unit 1 Bedroom 2  11 x 11  121 
    Unit 1 Kitchen  18 x 11  198 
    Unit 1 Living Room  11 x 11  121 
    Unit 2 Bedroom 1  11 x 11  121 
    Unit 2 Bedroom 2  11 x 11  121 
    Unit 2 Kitchen  18 x 11  198 
    Unit 2 Living Room  11 x 11  121 
    Lower Level Size Sq Ft
    Unit 3 Bedroom 1  11 x 11  121 
    Unit 3 Bedroom 2  11 x 11  121 
    Unit 3 Kitchen  11 x 11  121 
    Unit 3 Living Room  18 x 11  198 

    Lot

    Acres: 0.11
    Lot Description: Public Transit (w/in 6 blks)
    Latitude: 44.93692400
    Longitude: -93.26413100
    Lot Size Dim.: 42x117
    Dev/Complex Name: Henry M Morses Add
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $720
    Annual Fuel Expense: $540
    Annual Insurance Expense: $3,100
    Annual Maintenance Expense: $500
    Annual Gross Expense: $12,000
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,300
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $4,456
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,456

    Income

    Annual Gross Income: $30,000

    Unit

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Justin
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    Jeff
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    Truestone
    Justin Larson
    Loan Officer
    Movement Mortgage
    NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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