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Active NEW!
$625,000
/mo Edit
Multi-family:  Four Plex
Built 1929
4,024 sqft • 0.11 acres
Minneapolis schools
MLS# 6717556
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    Property Description

    Beautifully remodeled 5 bedroom/5 bathroom 4-plex available! Each unit has been masterfully re-designed from top to bottom! All new paint, flooring, cabinetry, appliances and quartz countertops in each unit. 4 units on the main and upper level, with a non-conforming 5th unit in the lower level. Living rooms are bright and spacious. Kitchens feature new cabinets, beautiful backsplashes, and quartz countertops. Bathrooms have tile surrounds and flooring. Each unit features 1 bedroom/1 bathroom. Don???t let this fantastic investment opportunity pass you by!

    Listing

    Contingency: None
    Price per sq ft: $155
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55412
    Neighborhood/Area: Folwell

    Interior

    Living Area: 4,024 ft2
    Ranges: Five
    Refrigerators: Five
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,512 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features: Asphalt
    Shared Amenities:
    • Deck
    • Porch
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.11
    Geolocation: 45.015721, -93.307887
    Lot Dimensions: 39 x 127
    Zoning: Residential-Multi-Family
    Lot Description:
    • Irregular Lot
    • Some Trees

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $500
    Annual Fuel Expense: $500
    Annual Insurance Expense: $5,040
    Annual Maintenance Expense: $500
    Annual Gross Expense: None
    Annual Trash Expense: $500
    Annual Water/Sewer Expense: $500
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,009
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $13,713

    Income

    Annual Gross 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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    Listing provided by RMLS, courtesy of JPW Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.