For Sale: Minneapolis MLS# 6635744
Active
$899,900
Commercial: Apartments
Built 1900
0.15 acres
Minneapolis schools
MLS# 6635744
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Terrific Lowry Hill East location, convenient to so many things and minutes to downtown. Spacious and unique multi unit building. Five 1 bedroom units. Two of the units have their own private entrances too. Three 1 bedroom efficiencies that share a common kitchen and bath. Seller has owner occupied and has a terrific history of renting these units on monthly basis. Lots of updates in recent years, updated roof, chimneys, driveway, updated water lines, updated decor and so much more. Two of the one bedroom units have beautiful fireplaces. In floor heating for the lower level bedrooms, combination of hot water and forced air for other units. Combination of some window a/c and split ducts too in some units. All appliances stay including shared washer/ dryer in lower level. Three car garage plus additional off street parking. Seller will leave all the units mostly furnished and ready for you to rent the units.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Apartments
Zip Code:
55405
Neighborhood/Area:
Lowry Hill East
Subdivision Name:
Sunnyside Add
Interior
Ranges:
Five
Refrigerators:
Six or More
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Three Or More
Garage Spaces:
3
Garage Dimensions:
32 x 22
Garage Size:
704 ft2
Other Parking Spaces:
4
Air Conditioning:
Ductless Mini-Split, Window Unit(s)
Foundation Size:
1,156 ft2
Handicap Accessible:
None
Heating System:
- Forced Air
- Hot Water
- Radiant Floor
Parking Features:
- Concrete
- Detached
- Garage Door Opener
Shared Amenities:
Other
Unit Amenities:
- Hardwood Floors
- Kitchen Center Island
- Natural Woodwork
- Tile Floors
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
- Asphalt
- Pitched
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.15
Geolocation:
44.961282, -93.289651
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
48 x 134
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Fuel Expense:
$2,495
Annual Insurance Expense:
$5,080
Annual Trash Expense:
$3,347
Annual Water/Sewer Expense:
$4,800
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,715
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,715
Income
Annual Gross Income:
$121,200
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
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 Twin Oaks 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.