For Sale: Minneapolis MLS# 6826434
Active
$820,000
Multi-family: Four Plex
6 br • 3 ba • Built 1922
4,026 sqft • 0.21 acres
MLS# 6826434
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Property Description
Incredible opportunity to own this classic four unit building situated on a corner double lot! Each unit features 3BR 1BA, solid hardwood flooring, gorgeous natural woodwork, dining rooms with built-in buffets, 9 foot ceilings, off-street parking spaces in rear. This fully rented building with great cash flow is only minutes to Dinkytown and the U of M Campus, quick commute to both Downtown Mpls & Saint Paul.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$820,000
Price per sq ft:
$204
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Four Plex
Zip Code:
55414
Neighborhood/Area:
14
Interior
Bedrooms:
6
Bathrooms:
3
Finished Area:
4,026 ft2
Living Area:
4,026 ft2
Refrigerators:
Four
Basement Details:
Other
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
2,013 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Open
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Brick
Pool:
None
Roof Details:
- Flat
- Rubber
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.21
Geolocation:
44.987664, -93.217448
Lot Dimensions:
74 x 125
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- 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:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Heat
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,992
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$83,220
Misc. Monthly Income:
$280
Rent
Annual Net Income:
None
Units
Total Units:
4
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!
Listing provided by RMLS,
courtesy of National Realty Guild.
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.