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For Sale:  Minneapolis MLS# 7052878

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Active
$550,000
/mo Edit
Multi-family:  Fourplex
12 br • 4 ba • Built 1914
3,836 sqft • 0.14 acres
Minneapolis schools
MLS# 7052878
763-576-8286
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    Property Description

    Solid well maintainted all brick 4 plex in Whittier neighborhood. Newer windows/roof/soffits - all brick building - separate boilers/hot water and electric meters for each unit in full - unfinished basement. Extra large paved parking lot for up to 8 cars. Opportunity to expand investor portfolio - solid building with room to enhance and update units to command higher rents. One unit will be available in August for potential owner occupied. 24 hour notice REQUIRED - Lot and COMMON AREAS ONLY FOR FIRST SHOWING.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $143
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1914
    State: MN
    Property Style: Fourplex
    Zip Code: 55408
    Neighborhood/Area: 84
    Subdivision Name: Nasons Sub Of Lts Corsons Add

    Interior

    Bedrooms: 12
    Bathrooms: 4
    Finished Area: 3,836 ft2
    Living Area: 3,836 ft2
    Refrigerators: Four
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,914 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Parking Lot
    • Paved Lot
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick
    Roof Details: Flat

    Rooms

    Laundry:
    • Common Area
    • In Basement
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.14
    Geolocation: 44.954671, -93.273697
    Lot Dimensions: 47 x 128
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Tenant Expenses: All Utilities, Electricity, Hot Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,384
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,384

    Income

    Annual Gross Income: $1

    Units

    Total Units: 4

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.