For Sale: Hopkins MLS# 6672174
Active
$525,000
Multi-family: Duplex Side by Side
Built 1968
3,520 sqft • 0.2 acres
Hopkins schools
MLS# 6672174
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Property Description
Exceptional Investment Opportunity in Hopkins, Minneapolis!
Make Your Move Today!
Imagine owning this charming side-by-side duplex in the heart of Hopkins—a dream property that offers both the comforts of home and the promise of long-term financial growth. Each spacious unit spans over 1, 300 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition.
Why This Property is Perfect for You:
• Live & Earn: Enjoy the flexibility of living in one unit while renting out the other, or maximize rental income by leasing both units to tenants at market rates.
• Expand Your Portfolio: Take advantage of the rare opportunity to purchase up to 7 similar units in this sought-after cul-de-sac location.
• Prime Location: Nestled in the desirable Hopkins area, these properties are close to top schools, parks, and everyday conveniences, ensuring steady tenant demand.
• Proven Success: With an impressive 14-year rental occupancy record, this property is a secure and stress-free investment you can count on.
Don’t Wait—Act Now!
This is more than an investment; it’s your chance to secure a property that blends lifestyle, income potential, and reliability. Don’t let this unique opportunity slip away. Reach out today to learn more, schedule a viewing, and take the first step toward growing your wealth in Hopkins!
Contact us now—your next great investment awaits!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$525,000
Price per sq ft:
$149
Property Type:
Multi-family
City:
Hopkins
Garage Spaces:
2
County:
Hennepin
Year Built:
1968
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55343
Subdivision Name:
Meaths Add
Interior
Finished Area:
3,520 ft2
Living Area:
3,520 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,200 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Road Frontage:
Cul De Sac
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.2
Geolocation:
44.930922, -93.394277
Lot Dimensions:
65 x 135
Zoning:
Residential-Multi-Family
Schools
School District:
270
District Phone:
952-988-4000
Expenses
Annual Caretaker Expense:
$1,032
Annual Electric Expense:
$110
Annual Fuel Expense:
$100
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
$1,648
Annual Gross Expense:
$6,683
Annual Trash Expense:
$779
Annual Water/Sewer Expense:
$382
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,841
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,841
Income
Annual Gross Income:
$20,123
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of First Select.
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.