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$448,967
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
2,974 sqft • 0.17 acres
Minneapolis schools
MLS# 6706885
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    Property Description

    Great opportunity to own the 10 bedroom, cashflowing property. Recently updated and remodeled inside and out. New kitchens, bathrooms, hardwood floors refinished, fresh paint throughout. If you're looking for a property with immediate cashflow, this is it! Hurry!

    Listing

    Contingency: None
    Price per sq ft: $151
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: East Phillips
    Subdivision Name: Laymans & Colburns Add

    Interior

    Living Area: 2,974 ft2
    Ranges: Three
    Refrigerators: None
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 22x20
    Garage Size: 440 ft2
    Garage Door Height: 7
    Garage Door Width: 15
    Foundation Size: 1,144 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Radiator(s)
    Parking Features:
    • Asphalt
    • Other
    • Shared Garage/Stall
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.17
    Geolocation: 44.951607, -93.249532
    Lot Dimensions: 59.59 x 130
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,045
    Annual Fuel Expense: $2,045
    Annual Insurance Expense: $2,667
    Annual Maintenance Expense: None
    Annual Gross Expense: $15,134
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,940

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,676
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,676

    Income

    Annual Gross Income: $55,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    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.