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Active NEW!
$375,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,700 sqft • 0.13 acres
MLS# 7047893
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    Property Description

    Charming duplex centrally located on quiet residential block in arguably the best neighborhood in Northeast! Accordingly, it is a high demand area and great opporunity for an owner/occupant or an investor. Each unit is 2 bed/1 bath with in-unit laundry. Property also boasts both front and back patios (the latter with a fire pit), ample off-street parking, and a detached garage with ample storage space. Close to everything Northeast has to offer: numerous parks, restaurants, breweries, venues, boutique shops, art galleries, and dog parks.

    Listing

    Contingency: None
    Price per sq ft: $221
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: 33
    Subdivision Name: Cutters Add

    Interior

    Living Area: 1,700 ft2
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 800 ft2
    Foundation Size: 1,066 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Forced Air
    Parking Features:
    • Detached Garage
    • Paved Lot
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.13
    Geolocation: 45.005713, -93.258518
    Lot Dimensions: 139 x 40
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $2,400
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,582
    Annual Maintenance Expense: $750
    Annual Trash Expense: $100
    Annual Water/Sewer Expense: $70
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,089
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,089

    Income

    Annual Gross Income: $32,580

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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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!

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    Listing provided by RMLS, courtesy of Lakes Area Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.