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$660,000  (list price)
$640,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1922
3,886 sqft • 0.12 acres
Minneapolis schools
MLS# 6537016
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    Property Description

    Well maintained brick 3 plex building with lot of original character throughout. Lower unit completely renovated with with new kitchen countertops, cabinets, center island and flooring throughout. Updated SS kitchen appliances in each unit. 2 wood burning fireplaces in main/upper levels. Updated boiler heating systems and water heaters. Lots of storage space in the laundry area and throughout. Oversized 3 car garage outback. Convenient location blocks from Lake Calhoun, shops, restaurants and other amenities.

    Listing

    Contingency: None
    Price per sq ft: $170
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: South Uptown
    Subdivision Name: Remingtons 2nd Add

    Interior

    Living Area: 3,886 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Storage Space
    • Storage/Locker

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 3
    Garage Size: 600 ft2
    Foundation Size: 1,458 ft2
    Fencing: Chain Link, Partial, Privacy
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Detached
    Shared Amenities:
    • Coin-op Laundry Owned
    • Common Laundry
    • Patio
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Rolled/Hot Mop

    Lot & Land

    Acres: 0.12
    Geolocation: 44.940466, -93.29619
    Lot Dimensions: 42 x 128
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

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

    Expenses

    Annual Electric Expense: $2,640
    Annual Fuel Expense: $3,840
    Annual Insurance Expense: $7,500
    Annual Gross Expense: $16,580
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Cable TV, Electricity, Fuel, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,366
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,349

    Income

    Annual Gross Income: $60,000

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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 Realty Group LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.