For Sale: Minneapolis MLS# 7015007
Active
NEW!
$895,000
Multi-family: More Than 2 Stories
6 br • 3 ba • Built 1908
4,039 sqft • 0.16 acres
MLS# 7015007
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Property Description
Welcome to this Massive Lowry Hill Duplex! This big beauty has gorgeous hardwood floors and woodwork with tremendous natural light on an oversized lot. This is an ideal location for an owner occupant or Investor close to everything that Mpls Lakes Area has to offer! The property has been thoughtfully renovated throughout keeping period style and updating to today's standards. New roof and mini splits throughout and a main floor kitchen that was beautifully renovated. The property has a unique second and third floor Penthouse loft style unit that has four bedrooms and two baths with renovated kitchens and baths that will not disappoint. Both units have sunrise and sunset decks. The lower level two bedroom, one bath has a Lease that ends 4/30/26. All this and a three-car garage and separate tenant paid utilities. Hurry this will not last!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$895,000
Price per sq ft:
$222
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1908
State:
MN
Property Style:
More Than 2 Stories
Zip Code:
55405
Neighborhood/Area:
46
Subdivision Name:
Anderson Douglas & Co 2nd Add
Interior
Bedrooms:
6
Bathrooms:
3
Finished Area:
4,039 ft2
Living Area:
4,039 ft2
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Dimensions:
35x20
Garage Size:
700 ft2
Foundation Size:
1,443 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Ductless Mini-Split
Parking Features:
- Concrete
- Detached Garage
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Laundry:
- Common Area
- In Basement
- Upper Level
Lot & Land
Acres:
0.16
Geolocation:
44.961257, -93.294731
Lot Dimensions:
58 x 127
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$6,300
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,484
Tenant Expenses:
Electricity, Heat, Telephone
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$13,724
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,724
Income
Annual Gross Income:
$63,600
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$53,316
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Coldwell Banker Realty - Lakes.
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.