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Active NEW!
$549,900
/mo Edit
Multi-family:  Duplex Side by Side
5 br • 3 ba • Built 1956
2,566 sqft • 0.18 acres
Hopkins schools
MLS# 7096891
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    Property Description

    One side is vacant and could be owner occupied. Both sides are in great shape and ready to move right into. One side is currently rented. The building next to this could be for sale too if the buyer wants it. Each unit has it's own washer and dryer. Great location-walk to downtown Hopkins restaurants and theaters. Close to parks and freeways. Great investment or owner occupied

    Listing

    Contingency: None
    Price per sq ft: $214
    City: Hopkins
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55343
    Subdivision Name: Gibbs 1st Add To West

    Interior

    Living Area: 2,566 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Drain Tiled
    • Egress Window(s)
    • Finished
    • Partially Finished
    • Storage Space
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 600 ft2
    Foundation Size: 1,728 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities:
    • Common Garden
    • Patio
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material: Block
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Gas Dryer Hookup
    • In Basement
    • Sink
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.18
    Geolocation: 44.924877, -93.419917
    Lot Dimensions: 127 x 62 x 127 x 62
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 270
    District Phone: 9529884000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $12,000
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,756
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,756

    Income

    Annual Gross Income: $52,680

    Rent

    Annual Net Income: $29,924

    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!

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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.