For Sale: Minneapolis MLS# 7040625
Active Contingent
NEW!
$300,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1910
2,370 sqft • 0.11 acres
MLS# 7040625
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Property Description
This is a great opportunity for owner occupied or as an investment property! LOCATION - LOCATION! A rare opportunity to own this up and down duplex in south Minneapolis neighborhood of SEWARD! Close to shopping, I-94, the Seward community co-op, U of M school and Fairview University of Minnesota Medical Center. This is a high demand area! Enjoy a large open common space with hardwood floors throughout! Great front porch as well as screened porches in the back for both units! Bring your ideas for making repairs and updates! There is room in the back off alley to build a garage. Currently occupied by the owner's family members. Flexible closing possible! Prime location near the Mississippi River and trails, easy access to East Lake Street shops and restaurants! A good solid building with great bones!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$300,000
Price per sq ft:
$127
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1910
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
67
Subdivision Name:
Fair Ground Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
2,370 ft2
Living Area:
2,370 ft2
Basement Details:
Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
4,800 ft2
Foundation Dimensions:
55x40
Handicap Accessible:
None
Heating System:
- Forced Air
- Space Heater
Lot & Land
Acres:
0.11
Geolocation:
44.961252, -93.2291
Lot Dimensions:
40 x 120
Zoning:
- Residential-Multi-Family
- Residential-Single Family
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
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,356
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,356
Income
Annual Gross Income:
None
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!
Listing provided by RMLS,
courtesy of Lakes Area Realty.
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.