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Active NEW!
$324,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,827 sqft • 0.09 acres
Minneapolis schools
MLS# 6725918
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    Property Description

    See this partly remodeled, well kept, turnkey up-down duplex with 2 bedrooms in each unit, 1 bath for the upper unit, and 2 baths for the lower unit. Separate laundry. Updates include newer windows, partially finished basement, interior, and exterior paint. It has hardwood floors, stainless steal appliances and granite countertops. In unit washer and dryer, Central AC and Heat, and a bonus room & bathroom in the basement. There's additional storage space, and a fenced in front and back yard for privacy. Long term tenant in unit 1. Currently vacant unit 2. Buyer and Broker/Buyer's agent to verify all measurement's.

    Listing

    Contingency: None
    Price per sq ft: $178
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55404
    Neighborhood/Area: Midtown Phillips
    Subdivision Name: Gales 1st Add

    Interior

    Living Area: 1,827 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Partially Finished
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 910 ft2
    Fencing: Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Paved
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.09
    Geolocation: 44.957574, -93.256595
    Lot Dimensions: 31 x 127
    Zoning: Residential-Multi-Family

    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: $3,742
    Annual Maintenance Expense: $500
    Annual Gross Expense: $6,752
    Annual Trash Expense: $1,080
    Annual Water/Sewer Expense: $1,080
    Tenant Expenses: All Utilities, Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,256
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $32,580

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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.