For Sale: Minneapolis MLS# 6822966
Active
$599,900
Multi-family: Fourplex
9 br • 6 ba • Built 1891
7,518 sqft • 0.188 acres
MLS# 6822966
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Property Description
Remarkable investment property in the heart of the Whittier neighborhood! This four-unit building has been updated throughout and features oversized units. All units feature updated kitchens and bathrooms, with original touches, and plenty of living and/ or dining room space. Buidling has been tastefully restored while allowing for new ownership to enjoy solid investment potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,900
Price per sq ft:
$80
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1891
State:
MN
Property Style:
Fourplex
Zip Code:
55404
Neighborhood/Area:
84
Subdivision Name:
Cic 1557 Third Ave Common Inter
Interior
Bedrooms:
9
Bathrooms:
6
Finished Area:
7,518 ft2
Living Area:
7,518 ft2
Refrigerators:
Four
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Storage Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
2,590 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
- Post and Beam
- Stone
Roof Details:
Asphalt
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.188
Geolocation:
44.961796, -93.272357
Lot Dimensions:
70 x 132
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,597
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,597
Income
Annual Gross Income:
$80,100
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Lakes Sotheby's International Realty.
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.