For Sale: Minneapolis MLS# 6562915
Active
$599,900
Multi-family: Duplex Up and Down
Built 1917
2,978 sqft • 0.12 acres
Minneapolis schools
MLS# 6562915
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Well-maintained, easy to rent, tons of updates â?? Welcome to an exceptional investment opportunity in South Minneapolis! This up-down duplex in the South Uptown neighborhood presents an ideal location for tenants and a fantastic chance for owner-occupancy. Each unit features 3 beds, 1 bath, beautiful hardwood floors and original built-ins and woodwork, and a dedicated garage spot. Within walking distance to local schools, Bde Make Ska, parks, and an array of boutiques, restaurants, cafes, and entertainment options, this meticulously-cared for duplex offers the best of city living. Recent updates include new boilers in 2019, new Hage concrete front steps in 2024, and updates in kitchen. This is a must see!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,900
Price per sq ft:
$201
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1917
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
South Uptown
Subdivision Name:
Remingtons 2nd Add
Interior
Finished Area:
2,978 ft2
Living Area:
2,978 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
21x21
Garage Size:
441 ft2
Foundation Size:
1,491 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached
Exterior Material:
Stucco
Lot & Land
Acres:
0.12
Geolocation:
44.942356, -93.294165
Lot Dimensions:
40 x 129
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:
$15,400
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,000
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,267
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,267
Income
Annual Gross Income:
$46,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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.
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.