For Sale: Minneapolis MLS# 6641301
Active
$824,900
Condo/Townhome: Low Rise (3- Levels)
Built 1921
0.14 acres
Minneapolis schools
MLS# 6641301
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Property Description
Welcome to one of the finest 5-unit apartment properties youâ??ll ever find! This charming 1920s vintage building, purchased in 1993 and lovingly maintained, has only had 3 owners, showcases a continual dedication to quality. The enduring care is evident in the beautifully preserved woodwork, hardwood floors, built-in buffets, and overall excellent mechanical condition. The 2-bedroom units are exceptionally spacious, featuring separate living and formal dining rooms that give the feel of a duplex. The large kitchens offer informal dining areas, perfect for a bistro table or an island with stool seating. The generously sized 1-bedroom garden-level unit is bright and welcoming, thanks to its well-placed windows. The garden level also includes a sunny laundry room, a tenant/owner workshop, and ample storage for both tenants and the owner. As a bonus, the huge unfinished attic presents potential for second-floor unit expansion. Residents also enjoy the large fenced backyard and convenient off-street 5 car parking.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$824,900
Property Type:
Condo/Townhome
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1921
State:
MN
Property Style:
Low Rise (3- Levels)
Zip Code:
55405
Neighborhood/Area:
Whittier
Subdivision Name:
Badger & Penneys Add
Interior
Ceiling Height:
8-10
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Daylight/Lookout Windows
- Finished
- Storage Space
- Storage/Locker
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
5
Air Conditioning:
Window Unit(s)
Foundation Size:
2,560 ft2
Foundation Dimensions:
0
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Steam
Parking Features:
Parking Lot
Shared Amenities:
- Coin-op Laundry Owned
- Security
Unit Amenities:
- Ethernet Wired
- Hardwood Floors
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
Road Frontage:
- City Street
- Curbs
- Sidewalks
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.14
Geolocation:
44.962524, -93.28455
Inclusions:
Building, Leases, Rental License
Lot Dimensions:
46.5 X 128.86
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Gently Rolling
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$517
Annual Fuel Expense:
$4,659
Annual Insurance Expense:
$5,990
Annual Maintenance Expense:
$2,195
Annual Gross Expense:
$33,836
Annual Water/Sewer Expense:
$4,542
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$13,933
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,933
Income
Annual Gross Income:
$89,760
Rent
Annual Net Income:
$55,924
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Common
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 Keller Williams Realty Integrity Lakes.
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.