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For Sale:  Minneapolis MLS# 6707344

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Active NEW!
$600,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
3,848 sqft • 0.12 acres
Minneapolis schools
MLS# 6707344
763-576-8286
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    Property Description

    Beautiful Lakes area property available for the first time in over 30 years just 9 blocks to the Rose Gardens at Lake Harriet, 8 blocks to Bde Maka Ska and all the beaches and paved paths around the lakes. Enjoy free concerts at the Lake Harriet Bandshell and boat and bike rentals. Legal Duplex with an extra third floor apartment. Meticulously maintained and updated including new windows and insulation. Three easy to rent 2 bedroom units. Spacious first and second floor units have large living rooms, dining rooms and sunrooms. Beautiful woodwork including hardwood floors, built-ins and custom trim. Large kitchens with dishwashers. Main floor has a vintage clawfoot tub. Second floor has a totally updated bathroom. Contemporary third floor has a vaulted kitchen, private balcony and gas Franklin fireplace in the living room. Each unit has its own water heater and heat control. First and second floor have new Marvin windows on the south and east sides. Third floor has new windows (except one) on all four sides. New roof by Kaufman Roofing with a limited 40 year Warranty transferable to the new owner. Well maintained appliances and mechanicals including a new boiler. Modern 100 amp electrical service. Two sets of washers and dryers in the laundry area. Property has US internet and cable service. Great neighborhood near parks, stores, and restaurants.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $600,000
    Price per sq ft: $156
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: South Uptown
    Subdivision Name: Remingtons 2nd Add

    Interior

    Finished Area: 3,848 ft2
    Living Area: 3,848 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Stone/Rock
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 22x22
    Garage Size: 484 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,524 ft2
    Foundation Dimensions: 48x28
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Assigned
    • Concrete
    • Detached
    • Electric
    • Garage Door Opener
    Shared Amenities:
    • Laundry
    • Security Lighting
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Stucco
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Pitched

    Lot & Land

    Acres: 0.12
    Geolocation: 44.939989, -93.291644
    Lot Dimensions: 42 x 129
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    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: $2,599
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $1,020
    Annual Water/Sewer Expense: $1,380
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,470
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,470

    Income

    Annual Gross Income: $58,800
    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

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.