For Sale: Minneapolis MLS# 7057623
Active
$329,000
Multi-family: Triplex
4 br • 3 ba • Built 1928
2,510 sqft • 0.12 acres
MLS# 7057623
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Property Description
Outstanding triplex opportunity - perfect for investors or owner-occupants! Main floor features a spacious 3-bedroom unit; second floor includes a 1-bedroom unit and a studio. Third floor offers attic storage. Updates include newer roof, chimney, windows, high efficient boilers, fresh paint, refinished hardwood floors and numerous appliances. Coin-op laundry & plenty of storage in the basement. Close to Farview Park and easy access to 94. See supplements for full list of improvements
Listing
Listing Status:
Active
Contingency:
None
List Price:
$329,000
Price per sq ft:
$131
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1928
State:
MN
Property Style:
Triplex
Zip Code:
55411
Neighborhood/Area:
31
Subdivision Name:
Fairmount Park Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,510 ft2
Living Area:
2,510 ft2
Refrigerators:
Three
Basement Details:
Storage Space
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x18
Garage Size:
360 ft2
Foundation Size:
1,276 ft2
Fencing:
Chain Link, Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
Detached Garage
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- Common Area
- In Basement
Lot & Land
Acres:
0.12
Geolocation:
45.006897, -93.292685
Lot Dimensions:
42 x 127
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$2,056
Annual Insurance Expense:
$5,099
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,741
Tenant Expenses:
Cable TV, Electricity, Heat
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,610
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,610
Income
Annual Gross Income:
$43,140
Misc. Monthly Income:
$50
Units
Total Units:
3
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!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty - Lakes.
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.