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Active NEW!
$349,000
/mo Edit
Multi-family:  Four Plex
Built 1922
2,721 sqft • 0.12 acres
Minneapolis schools
MLS# 6740852
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    Property Description

    Step into a piece of history with a truly unique and versatile property that seamlessly blends classic craftsmanship with contemporary comfort. Built in the 1920's, this home showcases original woodwork and architectural details that speak to its era-rich trim, hardwood floors, and thoughtful design touches that are increasingly hard to find. Lovingly maintained, the property features several major improvements for added piece of mind and energy efficiency. The roof was replaced just two years ago, offering long-term durability. Brand-new windows throughout the home not only enhance curb appeal but also improve insulation and natural light. In addition, a new water heater was installed in 2023, ensuring reliable comfort year-round. This property is very functional and income producing. With a flexible layout, it offers excellent potential for rental income, multi-generational living, or even live-in/lease-out scenarios. The basement is fully finished providing additional space and options! Full fenced in yard. Whether you're looking to supplement your income, expand your investment portfolio, or find a distinctive residence with added value, this home presents a rare opportunity. Enjoy the charm of a bygone era, all within a property that stands out for its character and financial potential. Don't miss your chance to own a piece of history with built-in benefits for the future. 1-year home warranty comes with the home.

    Listing

    Contingency: None
    Price per sq ft: $128
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55407
    Neighborhood/Area: Powderhorn Park
    Subdivision Name: Girard Invest Co 02nd Add

    Interior

    Living Area: 2,721 ft2
    Basement Details: Block

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 720 ft2
    Foundation Size: 966 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Heating System: Gravity
    Exterior Material: Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.939188, -93.250815
    Lot Dimensions: 40 x 122 x 40 x 121

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,000
    Annual Fuel Expense: $500
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $500
    Annual Trash Expense: $200
    Annual Water/Sewer Expense: $200

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,619
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,619

    Income

    Annual Gross Income: $15,600

    Units

    Total Units: 2

    Miscellaneous

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

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    Payment:  /mo

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