For Sale: Hopkins MLS# 6637111
Active
$649,900
Multi-family: Four Plex
Built 1930
2,456 sqft • 0.09 acres
Hopkins schools
MLS# 6637111
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Property Description
One-of-a-kind opportunity in booming downtown Hopkins! In fact, it's the first Hopkins fourplex to be offered on the MLS... EVER! The city is not aware of another fourplex in Hopkins. Truly an anomaly for the immediate area. Massive building with a large unfinished attic + huge basement with good ceiling height that offer interesting value add options. Extensive 2020 renovation. Gas & electric separately metered; four dedicated furnaces and water heaters. Tenants and owner-occupants alike will enjoy the unmatched Hopkins walkability + bikeability. A+ location with coveted proximity to Historic Mainstreet and Lake Minnetonka Regional Trail. Quick/easy access to Downtown Minneapolis. Award winning ISD 270! With development occurring everywhere you look on Mainstreet, here's your opportunity to plant your flag in this appreciating market! In an effort to make the sale as non-intrusive as possible for the current tenants: VACANT UNIT #3 AVAILABLE FOR SHOWINGS. Current lease details available upon request.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$649,900
Price per sq ft:
$265
Property Type:
Multi-family
City:
Hopkins
Garage Spaces:
0
County:
Hennepin
Year Built:
1930
State:
MN
Property Style:
Four Plex
Zip Code:
55343
Subdivision Name:
West Minneapolis 3rd Div
Interior
Finished Area:
2,456 ft2
Living Area:
2,456 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Full
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,228 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Fiber Cement
- Shake Siding
Lot & Land
Acres:
0.09
Geolocation:
44.924718, -93.422597
Lot Dimensions:
80 x 50
Zoning:
Residential-Multi-Family
Schools
School District:
270
District Phone:
952-988-4000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,042
Annual Maintenance Expense:
None
Annual Gross Expense:
$5,119
Annual Trash Expense:
$1,040
Annual Water/Sewer Expense:
$1,037
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,838
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,838
Income
Annual Gross Income:
None
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
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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 Coldwell Banker Realty.
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.