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Active Contingent
$495,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1959
2,400 sqft • 0.18 acres
Hopkins schools
MLS# 6681363
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    Property Description

    Amazing location! Easy commute to just about anywhere. Only a couple blocks off of Hwy 7, walk or bike to downtown Hopkins for shopping, restaurants and entertainment. Just off of the LRT Trail for the biking and hiking enthusiasts. Both sides need a little updating, but has incredible potential. Room for a 3rd bedroom in the lower level(s) with an addition of an egress window(s) and bath(s). 24 hour notice for both units. Both currently rented.

    Listing

    Contingency: Inspection
    Price per sq ft: $206
    City: Hopkins
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55343
    Subdivision Name: Gibbs 1st Add To West

    Interior

    Living Area: 2,400 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 3
    Garage Dimensions: 32x22
    Garage Size: 704 ft2
    Garage Door Height: 7
    Garage Door Width: 8
    Foundation Size: 1,600 ft2
    Foundation Dimensions: 50x32
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Paved
    Shared Amenities: Other
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Brick/Stone
    • Wood Siding

    Lot & Land

    Acres: 0.18
    Geolocation: 44.9312599027, -93.4229633955
    Lot Dimensions: 128 x 147 x 48 x 126
    Addl Parcels: 2411722230027
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Irregular Lot
    • Property Adjoins Public Land
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 270
    District Phone: 952-988-4000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,950
    Annual Maintenance Expense: None
    Annual Gross Expense: $14,034
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,800
    Tenant Expenses: Electricity, Fuel, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,284
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,284

    Income

    Annual Gross Income: $30,240
    Misc. Annual Income: $16,206
    Misc. Monthly 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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    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.