For Sale: Minneapolis MLS# 7152792
Active
NEW!
$399,000
Multi-family: Duplex Up and Down
7 br • 2 ba • Built 1894
2,137 sqft • 0.04 acres
Minneapolis schools
MLS# 7152792
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Property Description
Beautiful duplex in the heart of Lyn-Lake! Excellent owner occupy opportunity and/or investment property. Newer; boilers, water heaters, two car garage, lower unit had a renovation to finish the front porch into an insulated finished bedroom/room. Three-bedroom one bath on the lower level with bonus room/bedroom. Upstairs unit is a three-bed one bath with a private balcony/deck. Building is wired for fiber internet and the garage is newer two car garage with opener as well as upgraded electric service for potential heater. Backyard is private with a full privacy fence.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,000
Price per sq ft:
$187
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1894
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
48
Subdivision Name:
Motor Line Add
Interior
Bedrooms:
7
Bathrooms:
2
Finished Area:
2,137 ft2
Living Area:
2,137 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
480 ft2
Foundation Size:
957 ft2
Fencing:
Full, Privacy, Wood
Handicap Accessible:
None
Heating System:
- Boiler
- Radiator
Parking Features:
Detached Garage
Shared Amenities:
Laundry
Roof Details:
Architectural Shingle
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.04
Geolocation:
44.946056, -93.285208
Lot Dimensions:
20 x 128
Zoning:
Residential-Multi-Family
Schools
School District:
1
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:
Cable TV, Electricity, Gas, Heat, Hot Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,211
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,211
Income
Annual Gross Income:
$42,300
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Rayder Realty Group.
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.