For Sale: Minneapolis MLS# 6620486
Active
$550,000
Multi-family: Duplex Other
Built 1958
2,898 sqft • 0.12 acres
Minneapolis schools
MLS# 6620486
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Property Description
Investors dream! Well maintained duplex with views of Armatage Park. Rent both units or live in one and rent the other. Front unit w/ 3BR/1BA. Back unit w/ 2BR/2BA, 2 living rooms and spacious storage â?? possibility to convert into a Tri-plex. Buyer's Agent to inquire with the City of Minneapolis on Tri-plex conversion. Hardwood flooring and new appliances in both units. Prime location â?? easy access to freeways, close to Southdale Hospital and Southdale mall, less than 15 minutes to downtown and MSP Airport.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Price per sq ft:
$190
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1958
State:
MN
Property Style:
Duplex Other
Zip Code:
55410
Neighborhood/Area:
Armatage
Interior
Finished Area:
2,898 ft2
Living Area:
2,898 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Partially Finished
Exterior
Stories:
Four or More Level Split
Garage Spaces:
2
Garage Dimensions:
23x23
Garage Size:
529 ft2
Foundation Size:
1,148 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
- Coin-op Laundry Owned
- Patio
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
44.8981979204, -93.3115760557
Lot Dimensions:
40 x 127
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
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:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,078
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,078
Income
Annual Gross Income:
$21,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Partners 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.