For Sale: Minneapolis MLS# 6613625
Active
$1,100,000
Multi-family: Apartments
Built 1908
4,702 sqft • 0.14 acres
Minneapolis schools
MLS# 6613625
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Property Description
Great condition. Great location. Donâ??t miss this one! This property stands above the rest. Situated on a quiet residential street, this 4-plex is great for an owner occupants or investors. Each unit is spacious, and has unique features including balconies. In-unit laundry or hook ups available. Also, several newer laundry machines in basement. There is a 2-car garage on the site for convenience. The building includes a New Roof, New Windows, New Siding, high efficiency boilers, renovated kitchens and baths, and more. Current rents total $6, 300/month; Unit A (main floor 3BR) $2, 200; Unit 1 (2nd floor 1BR) $1, 200; Unit 2 (2nd floor studio) $1, 100, Unit 3 (3rd floor 2BR) $1, 800.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,100,000
Price per sq ft:
$234
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1908
State:
MN
Property Style:
Apartments
Zip Code:
55405
Neighborhood/Area:
Whittier
Subdivision Name:
Nathan Herricks Add
Interior
Finished Area:
4,702 ft2
Living Area:
4,702 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Brick/Mortar
- Full
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
23x22
Garage Size:
506 ft2
Foundation Size:
1,557 ft2
Fencing:
Composite, Partial Cross
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Covered
- Detached
- Finished Garage
- Garage Door Opener
- On-Street Parking Only
- Shared Garage/Stall
- Units Vary
Shared Amenities:
- Common Laundry
- Deck
- Fire Sprinkler System
- Patio
- Porch
Road Frontage:
- City Street
- Sidewalks
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.14
Geolocation:
44.956905, -93.286388
Lot Dimensions:
48 x 134
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
High Ground
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$2,400
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$2,100
Annual Insurance Expense:
$7,200
Annual Maintenance Expense:
$1,200
Annual Gross Expense:
$19,500
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$3,600
Tenant Expenses:
Cable TV, Electricity, Escalation, Insurance, Parking Fee
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,413
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$75,600
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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.