For Sale: Minneapolis MLS# 6703806
Active
$719,900
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
Listing Status:
Active
Contingency:
None
List Price:
$719,900
Price per sq ft:
$201
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
ECCO
Subdivision Name:
Calhoun Park
Interior
Finished Area:
3,576 ft2
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.