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Active
$719,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1905
3,576 sqft • 0.14 acres
Minneapolis schools
MLS# 6703806
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    Property Description

    Amazing Duplex Near the Lakes! Live in One Unit, Rent the Other! Dreaming of homeownership with added income potential? This beautifully updated duplex offers the perfect setup for owner-occupantsâ??with ALL THE BIG TICKET ITEMS RECENTLY TAKEN CARE OF. Just three blocks from Bde Maka Ska and the Lake Harriet/Isles Chain of Lakes. Major Upgrades in the Past 2 Years: New Roof, New Siding, Mini-Split Heating & Cooling Systems, New Appliances (Both Units)In-Unit, Upper unit has New Windows, New Carpet & Fresh Paint, Updated Light Fixtures. Fully Fenced Backyard (Chain Link is new). Move in and relax! Both units are bright and updated, with modern conveniences like in-unit laundry. Sit on the deck and enjoy the birds or read in the porch. This home was formerly a triplex and is currently zoned as a duplex. The lower-level apartment space offers even more potentialâ??guest suite, home office, studio, or explore re-conversion options (pending city approval - see attached information in supplements). Tons of flexibility for future use! Check out the photos!!

    Listing

    Contingency: None
    Price per sq ft: $201
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: ECCO
    Subdivision Name: Calhoun Park

    Interior

    Living Area: 3,576 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Partially Finished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Foundation Size: 1,320 ft2
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features: Open
    Exterior Material: Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.14
    Geolocation: 44.947187, -93.301744
    Lot Dimensions: 46 x 129

    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: $7,068
    Annual Maintenance Expense: None
    Annual Gross Expense: $9,708
    Annual Trash Expense: $792
    Annual Water/Sewer Expense: $1,848
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $9,865
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,865

    Income

    Annual Gross Income: $51,080

    Units

    Total Units: 2

    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 Realty ONE Group Choice.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.