For Sale: Minneapolis MLS# 6702933
Active
NEW!
$689,900
Multi-family: Triplex
Built 1941
3,044 sqft • 0.11 acres
Minneapolis schools
MLS# 6702933
Open House
11a - 1p
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Property Description
A rare opportunity to acquire a Triplex in the heart of Minneapolis' Tangletown neighborhood - known for its tree-lined streets and walkability. This classic property offers a blend of character and functionality. Two of the three units feature a sought-after Townhouse style layouts with 2 levels of above ground living and opportunity to expand further with basement space ready to be finished. The third unit, a top floor one bedroom has been recently renovated with a fully updated bathroom, refinished hardwood floors and fresh interior finishes. The current owner has replaced 5200s heating system and the 9w heating system has also been replaced in the last 5 years, along with a roof less than 6 years old, some of the major capital expenses have been addressed. A shard backyard patio and proximity to Minnehaha Parkway help add to the desirability of the property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$689,900
Price per sq ft:
$227
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1941
State:
MN
Property Style:
Triplex
Zip Code:
55419
Neighborhood/Area:
Tangletown
Subdivision Name:
Johansons Washburn Park Add
Interior
Finished Area:
3,044 ft2
Living Area:
3,044 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Partially Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
21x22
Garage Size:
462 ft2
Foundation Size:
1,024 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
Shared Amenities:
Patio
Road Frontage:
City Street
Exterior Material:
- Vinyl Siding
- Wood Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.11
Geolocation:
44.908618, -93.278348
Lot Dimensions:
70 x 70
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,933
Annual Maintenance Expense:
$6,276
Annual Gross Expense:
$13,424
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,897
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,099
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,099
Income
Annual Gross Income:
$48,317
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of DMR 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.