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Active NEW!
$988,900
/mo Edit
Multi-family:  Four Plex
Built 1913
4,808 sqft • 0.15 acres
Minneapolis schools
MLS# 6772397
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    Property Description

    Renovated in 2017; windows, kitchens, baths, stainless appliances, 5 furnaces, roof - everything in great condition and has been well-maintained. Fully rented with leases up in June, July, August for flexibility. Renters may wish to extend their leases. Easy to keep filled - AWESOME Kingfield location! x2 Three-bedroom units x2 Two-bedroom units x1 One-bedroom unit

    Listing

    Contingency: None
    Price per sq ft: $206
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55409
    Neighborhood/Area: King Field
    Subdivision Name: Van Nests Add

    Interior

    Living Area: 4,808 ft2
    Ranges: Five
    Refrigerators: Five
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,572 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.15
    Geolocation: 44.931813, -93.280247
    Lot Dimensions: 37 x 169
    Lot Description: Some Trees

    Schools

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

    Expenses

    Annual Caretaker Expense: $4,441
    Annual Electric Expense: $5,877
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,824
    Annual Maintenance Expense: $2,090
    Annual Gross Expense: $12,871
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $11,891
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,891

    Income

    Annual Gross Income: $88,913

    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!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.