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$380,000  (list price)
$375,000
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Multi-family:  Duplex Up and Down
Built 1900
1,618 sqft0.13 acres
Minneapolis schools
MLS# 5703556
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    Property Description

    Quaint 1900 duplex right in the heart of the Arts District. Great opportunity for an owner occupant! Enjoy the many breweries and coffee shops this area has to offer and Logan Park is just down the street. Home has been renovated and updated within the past few years including landscaping, kitchens and baths, flooring, lighting, paint and appliances. Lower unit has new furnace with central air and new windows. Each unit has its own washer/dryer and comes with a garage stall and one off-street asphalt parking spot. Water heaters new in 2017 & 2018. Yard has a great fenced-in area to entertain family and friends or let the fur babies out safely. Don't miss this one!

    Listing

    Contingency: None
    Price per sq ft: $235
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: Logan Park

    Interior

    Living Area: 1,618 ft2
    Above Ground Living: 1,618 ft2
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details:
    • Crawl Space
    • Partial
    • Stone/Rock
    • Unfinished

    Exterior

    Garage Spaces: 2
    Heating System: Forced Air
    Foundation Size: 850 ft2
    Fencing: Wood, Full
    Handicap Accessible: None
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Shake Siding
    Roof Details: Asphalt
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  13 x 13  169 
    Unit 2 Kitchen  16 x 11  176 
    Unit 2 Living Room  16 x 9  144 
    Level Size Sq Ft
    Unit 2 Dining Room  —  — 
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  10 x 14  140 
    Unit 1 Bedroom 2  10 x 11  110 
    Unit 1 Dining Room  13 x 11  143 
    Unit 1 Extra Room 1  —  — 
    Unit 1 Kitchen  11 x 13  143 
    Unit 1 Living Room  11 x 18  198 

    Lot

    Acres: 0.13
    Geolocation: 45.00242900, -93.25280900
    Lot Dimensions: 44 x 127
    Dev/Complex Name: Monroe Street Add
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: $900
    Annual Gross Expense: $8,027
    Annual Trash Expense: $1,140
    Annual Water/Sewer Expense: $840
    Tenant Expenses: Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $2,607
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,915

    Income

    Annual Gross Income: $36,600

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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