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Active NEW!
$574,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1914
3,821 sqft • 0.12 acres
Minneapolis schools
MLS# 6727317
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    Property Description

    Great opportunity to be the next stewards of this charming duplex in Seward. With nearly 5, 000 gross square feet and an abundance of updates this is a rare opportunity in a great neighborhood. The main floor 2 bed 1 bath unit is nearly 1, 500 square feet with a beautifully renovated kitchen featuring new cabinets, stainless steel appliances and quartz countertops. The updated full bath features new fixtures, tile floor and tile surround. The woodwork throughout both units has been Wonderfully preserved. The upper level unit features 2, 400 square feet spread over two floors with multiple living spaces, including a front porch and upper level loft area, 4 bedrooms, 2 bathrooms and in unit laundry. The upper level kitchen was thoughtfully updated and features new appliances, countertops and flooring. The two upper level bathrooms have been renovated and feature tile floors, tile surrounds and new fixtures. There is not a small bedroom in either unit. The lower levels potential to add a third or combine the space with the main flor to add 1, 000 square feet. Currently there is a roughed in bathroom, old kitchen, bedroom area with egress window, a sauna and 70s style grotto. There is a ton of potential to unlock in the lower level. The exterior features brand new Hardie Board siding throughout the home, new architectural shingles on the home and garage, new vinyl siding on the large 2.5 car garage and new cement sidewalks and front steps. This is an amazing value in one MPLS's most charming and walkable neighborhoods. Check out the 3D tour!

    Listing

    Contingency: None
    Price per sq ft: $150
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Seward
    Subdivision Name: Fair Ground Add

    Interior

    Living Area: 3,821 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 27x33
    Garage Size: 891 ft2
    Foundation Size: 1,421 ft2
    Fencing: Full, Privacy, Wood
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Concrete
    • Detached
    • No Int Access to Dwelling
    Shared Amenities:
    • Coin-op Laundry Leased
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Fiber Cement
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.960721, -93.235337
    Lot Dimensions: 40 x 120 x 14 x 22
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,044
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,591
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,547
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,264
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,264

    Income

    Annual Gross Income: $48,360

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.