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Active NEW!
$1,199,000
/mo Edit
Multi-family:  Triplex
Built 1911
4,413 sqft • 0.12 acres
Minneapolis schools
MLS# 6730762
Open House
         12p - 2p
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    Property Description

    This exceptional multifamily gem in the heart of Kenwood offers historic Mpls charm blended with modern updates-a truly incredible income potential and a unique investment opportunity. Featuring a stunning Lake Superior rock garden by Bachmann, a hot tub in the private backyard oasis, heated garage, and near to multiple city lakes and parks. Unit One includes three bedrooms, a full bath, and a charming screened sun porch. Unit Two offers 3 bedrooms and a 3/4 bath (with in-floor heat), lovely front facing sunroom, peaceful balcony/deck overlooking the backyard. Unit Three offers a bright and sunny studio-style open floor layout with one bedroom, gorgeous 3/4 bath and sunny skylights. Each Unit features updated kitchens and bathrooms. Lower level provides even more great usable common space, fresh painted and attractive epoxy floors throughout-laundry room, three separate storage rooms one for each unit, a large open area that has been recently used as an exercise space. The private backyard is its own urban oasis, with dappled sunlight over stone pavers, garden, covered deck and relaxing hot tub. One car garage is oversized, fully finished and heated. Plenty of additional on site parking. Enjoy the perfect blend of historical elegance and modern updates in this highly desirable location. With Kenwood's top-tier amenities, schools, and access to Minneapolis's urban lakes and nature, this property offers both comfortable living and rental income potential in one of the city’s most sought-after neighborhoods.

    Listing

    Contingency: None
    Price per sq ft: $272
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55405
    Neighborhood/Area: Kenwood

    Interior

    Living Area: 4,413 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Full
    • Other
    • Partially Finished
    • Storage Space
    • Storage/Locker

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Size: 358 ft2
    Foundation Size: 1,480 ft2
    Fencing: Full, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Ductless Mini-Split
    • Fireplace(s)
    • Radiant Floor
    • Radiator(s)
    Parking Features:
    • Concrete
    • Detached
    • Finished Garage
    • Garage Door Opener
    • Heated Garage
    • Other
    Shared Amenities:
    • Common Garden
    • Deck
    • In-Ground Sprinkler System
    • Laundry
    • Other
    • Spa/Hot Tub
    Road Frontage: City Street
    Exterior Material:
    • Fiber Cement
    • Shake Siding
    • Stucco
    Roof Details: Age Over 8 Years

    Rooms

    Shared Rooms:
    • Community Room
    • Other

    Lot & Land

    Acres: 0.12
    Geolocation: 44.961913, -93.308698
    Lot Dimensions: 50 x 103.5
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $9,975
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,975

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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