For Sale: Hopkins MLS# 6672178
Active
NEW!
$525,000
Multi-family: Duplex Side by Side
Built 1968
1,360 sqft • 0.18 acres
Hopkins schools
MLS# 6672178
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Property Description
Discover an exceptional investment opportunity in Hopkins, MN! This charming side-by-side duplex is ideal for owner-occupancy or as a profitable rental property. Each spacious unit offers over 1, 300 sq ft, featuring three bedrooms, two bathrooms, and a full basement, providing ample space and potential. You can choose to live in one unit while renting out the other, or continue renting to current tenants or new tenants at market rates. Additionally, there is an opportunity to purchase up to seven similar units in the area. Situated in the desirable Hopkins area, close to amenities, schools, and parks, this property boasts a remarkable long rental history with 100% occupancy. Whether you’re looking to expand your investment portfolio or owner-occupy your first property, this is a must-see. Don’t miss out on this unique opportunity to invest in a property with great potential and flexibility. Contact us today for more details and to schedule a viewing!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$525,000
Price per sq ft:
$386
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:
1,360 ft2
Living Area:
1,360 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Block
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:
- Brick/Stone
- Fiber Board
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.18
Geolocation:
44.9297604169, -93.3931666931
Lot Dimensions:
77 x 146
Lot Description:
Some Trees
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:
$8,094
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,094
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.