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For Sale:  Minneapolis MLS# 6738244

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Active NEW!
$825,000
/mo Edit
Commercial:  Duplex Other
Built 1908
0.15 acres
Minneapolis schools
MLS# 6738244
763-576-8286
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    Property Description

    Elegant and well-maintained Lowry Hill duplex. Great outdoor spaces, including patio and balconies. Each unit has an auxiliary apartment with kitchen and bath. Currently, all four spaces are used for short-term rentals and generate over $100, 000 in rental income annually. Wonderful location, with easy access to downtown, Uptown, Lake of the Isles, area parks, transit, shopping, entertainment, and dining. A new roof was installed in Octover 2023. New Furnace. This home offers approximately 5, 500 square feet of living space with seven bedrooms an five bathrooms and provides ample space and privacy. The home features a spacious layout with a focus on functionality. The primary bedroom offers a private retreat, while the additional six bedrooms provide flexibility for a variety of uses. The five bathrooms ensure convenience and comfort for all occupants. The expensive lot size allows for a range of outdoor activities and exploration. The home's design and amenities are intended to accommodate a variety of living needs and preferences. Prospective buyers are encouraged to thoroughly inspect the property and consult with relevant professionals to assess its suitability for their specific requirements.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $825,000
    Property Type: Commercial
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1908
    State: MN
    Property Style: Duplex Other
    Zip Code: 55403
    Neighborhood/Area: Lowry Hill
    Subdivision Name: Groveland Add

    Interior

    Ranges: Four
    Refrigerators: Four
    Appliances Included:
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full
    • Other
    • Single Tenant Access
    • Storage Space

    Exterior

    Garage Spaces: 1
    Garage Size: 300 ft2
    Other Parking Spaces: 2
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 5,363 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiant
    Parking Features:
    • Asphalt
    • Detached
    Unit Amenities:
    • Balcony
    • City View
    • Deck
    • Hardwood Floors
    • Kitchen Window
    • Natural Woodwork
    • Other
    • Paneled Doors
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Exterior Material: Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.15
    Geolocation: 44.966262, -93.293968
    Inclusions: Building, Business Assets
    Lot Dimensions: Irregular
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Many Trees
    • Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $13,632
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $13,632

    Units

    Total Units: 4

    Miscellaneous

    Current Use: Residential
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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.