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$350,000  (list price)
$360,000
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Multi-family:  Duplex Up and Down
Built 1900
1,560 sqft0.13 acres
Minneapolis schools
MLS# 5697266
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    Property Description

    Here is a great opportunity to own a duplex in the heart of everything NE has to offer, art galleries, shops and great bars and restaurants. Lower unit features a remodeled kitchen with new appliances and an owners suite with walk-in closet. The upstairs unit features a spacious kitchen with room for a dining table and a private entryway from the back.

    Listing

    Contingency: None
    Price per sq ft: $224
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: Sheridan

    Interior

    Living Area: 1,560 ft2
    Above Ground Living: 1,560 ft2
    Total Ranges: One
    Total Refrigerators: One
    Basement Details:
    • Block
    • Sump Pump

    Exterior

    Garage Spaces: 0
    Heating System: Forced Air
    Foundation Size: 820 ft2
    Fencing: Wood, Vinyl, Partial
    Handicap Accessible: None
    Shared Amenities:
    • Deck
    • Porch
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Asphalt
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  11 x 8  88 
    Unit 2 Bedroom 2  12 x 11.5  132 
    Unit 2 Kitchen  13 x 13.5  169 
    Unit 2 Living Room  16 x 12  192 
    Level Size Sq Ft
    Unit 1 Dining Room  —  — 
    Level Size Sq Ft
    Unit 2 Dining Room  —  — 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  13 x 13  169 
    Unit 1 Bedroom 2  8 x 12  96 
    Unit 1 Kitchen  10 x 16  160 
    Unit 1 Living Room  15 x 11  165 

    Lot

    Acres: 0.13
    Geolocation: 45.00252100, -93.27034200
    Lot Dimensions: 50 x 111 x 58 x 103
    Dev/Complex Name: Kammerers Add
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $600
    Annual Fuel Expense: $1,600
    Annual Insurance Expense: $1,320
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: None
    Annual Trash Expense: $1,380
    Annual Water/Sewer Expense: $1,320
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $3,749
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,023

    Income

    Annual Gross Income: $10,800

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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