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Pending:  Minneapolis MLS# 6613088

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Pending
$375,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1924
1,553 sqft • 0.12 acres
Minneapolis schools
MLS# 6613088
763-576-8286
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    Property Description

    Terrific opportunity to own a great duplex in prime lower NE Minneapolis location. Steps from numerous bars, restaurants, galleries and parks. Minutes to U of M and downtown Minneapolis. Convenient location for bus, bike and walk. Upper one bedroom apartment is vacant and in great condition including fresh paint, newer carpet and a sunny west facing kitchen. Lower-level two-bedroom apartment has a nice open floor plan and includes a large, east facing three-season porch. Full sized and clean basement including shared washer and dryer. New 200-amp electric panel. Detached garage. Backyard patio with awesome downtown views. Great opportunity for owner-occupant or investor. Long term owners and well maintained. Quick close possible. LOCATION.

    Listing

    Listing Status: Pending
    Contingency: None
    List Price: $375,000
    Price per sq ft: $241
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1924
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: St. Anthony East
    Subdivision Name: Sibley Add To St Anth

    Interior

    Finished Area: 1,553 ft2
    Living Area: 1,553 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Shared Access
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 864 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Space Heater
    Parking Features: Detached
    Shared Amenities:
    • Common Laundry
    • Patio
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.996434, -93.251528
    Lot Dimensions: 40 x 129
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,558
    Annual Fuel Expense: $866
    Annual Insurance Expense: $1,678
    Annual Maintenance Expense: $320
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,695

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,095
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,095

    Income

    Annual Gross Income: $29,000

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