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For Sale:  Minneapolis MLS# 7120959

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Active NEW!
$499,000
/mo Edit
Multi-family:  Triplex
3 br • 3 ba • Built 1900
1,964 sqft • 0.09 acres
Minneapolis schools
MLS# 7120959
763-576-8286
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    Property Description

    Classic triplex in historic Marcy/Holmes neighborhood near U of M and downtown Mpls. Long time owner occupant has lovingly maintained and carefully updated this charming building. Updates include 3 newer forced air furnaces with separate meters, updated electrical service with separated meters, updated windows and 3 newer hot water heaters. Charming features include hardwood floors, natural woodwork, high ceilings, front and back porches plus a walk up attic for additional storage. Please note that the upper unit has central air conditioning and the other 2 units have window AC units. Tenants pay for their own heat and electricity. This building oozes charm and is located in a convenient Mpls neighborhood.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,000
    Price per sq ft: $254
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Triplex
    Zip Code: 55414
    Neighborhood/Area: 50
    Subdivision Name: Mill Cos Add To St Anthony Falls

    Interior

    Bedrooms: 3
    Bathrooms: 3
    Finished Area: 1,964 ft2
    Living Area: 1,964 ft2
    Refrigerators: Three
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 11x18
    Garage Size: 198 ft2
    Foundation Size: 982 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities:
    • Laundry
    • Patio
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Exterior Material: Frame
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.09
    Geolocation: 44.985161, -93.243434
    Lot Dimensions: 40 x 99
    Zoning: Residential-Single Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $5,374
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,182
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,182

    Income

    Annual Gross Income: $46,200

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.