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Active NEW!
$535,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1909
2,816 sqft • 0.14 acres
Minneapolis schools
MLS# 6796876
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    Property Description

    This stately & classic up-down duplex with bonus third floor is a Windom Park gem. With a legacy of owner-occupants, the care poured into the updates throughout the years cannot be ignored. Both units feature beautiful, original maple hardwood floors and woodwork, updated kitchens and generously sized living spaces. Unit 1 has an additional private entrance while unit 2 features a bonus space off the living room + walk-in pantry in the kitchen along with a private balcony. Finished third floor offers additional bathroom & non-conforming bedroom along with bonus living space - so many opportunities here! The yard is an unfolding, expansive perennial garden with various zones: relax near the fire pit, play in the treehouse, or grow vegetables in the beds fenced off for extra protection from grazing bunnies. Mature grape vines and apple trees line the brick walkway in the backyard. A newer 2 car garage with a sizable driveway offers ample storage + parking. Highly walkable with a score of 96/100 while also ranking 9.4/10 on the quiet scale. Solar panels installed in 2023 cover whole-building electrical usage plus some - a $42k investment to reap the benefits of year after year. An owner-occupant has the option to use solar on whole building or on top two floors with lower unit paying separately for electric.

    Listing

    Contingency: None
    Price per sq ft: $190
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Windom Park
    Subdivision Name: Lincoln Street Sup East Side Add

    Interior

    Living Area: 2,816 ft2
    Ranges: Two
    Refrigerators: Three
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,012 ft2
    Foundation Dimensions: 23 x 44
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Concrete
    • Detached
    Shared Amenities: Laundry
    Exterior Material: Wood Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 45.007628, -93.239344
    Lot Dimensions: 49 x 132
    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: $1,600
    Annual Insurance Expense: $1,100
    Annual Maintenance Expense: $300
    Annual Gross Expense: $4,700
    Annual Trash Expense: $800
    Annual Water/Sewer Expense: $800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,546
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,546

    Income

    Annual Gross Income: $38,000

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