Multi-Family: MLS #6481302 Minneapolis, MN $ 1,130,000
Multi-Family: MLS #6481302
$ 1,130,000
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Multi-Family: MLS #6481302

Minneapolis, MN, 55405
$ 1,130,000
Bedrooms7 Baths3.0 Sq 4,413

Monthly Estimate*

$ 7,893

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Multi-Family Home for sale in Minneapolis, MN

for $1,130,000 with 7 bedrooms and 3 full baths. This 4,413 square foot home was built in 1911 on a lot size of 0.12.

Your prosperous property of the year! Multifamily condo housing gem in Kenwood, creates own income and unlocks investment potential, along with Bachmann’s designed Lake Superior rock garden, including jacuzzi, heated garage, and neighborhood playgrounds galore. Each outer doorway heads you to a lake (Isles/Cedar lake). Condo One: 3 beds/1 bath, hardwood floors, boxed beam ceilings, and screened sun porch. Condo Two: 3 beds/1 bath, 4-season porch/ grilling balcony/deck includes mother-in-law suite/ artist loft/standalone rental- designed to be its own living space. Three levels of kitchens and bathrooms throughout, tastefully updated. Explore this primo location with Kenwood's amenities, schools, and urban forest. Historical charm meets modern convenience for multifamily living/rental abundance.

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Multi-Family Active

Price

$ 1,130,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,452

Style

Duplex Up and Down

Lot Size

0.12

Year Built

1911

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6481302

Features
General
Sewer City Sewer/Connected
Heating Boiler
Roof Age Over 8 Years
Garage Spaces 1
Construction Materials Stucco
Year Built 1911
Electric Circuit Breakers
Levels More Than 2 Stories
Property SubType Duplex Up and Down
Tax Year 2024
Gross Income 0
Accessibility None
Additional Parcels Description 3202924110152
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Common Laundry Deck Spa/Hot Tub Porch
Contingency None
Subdivision Name Condo 0627 Penn Manor Condo
Directions Hennepin Ave. to W. Franklin Ave. to Penn Ave. S.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 3
Street Name Penn
Land Lease Y/N N
Tax Annual Amount 8452
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Days on Market 61
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block
Basement (Y/N) Y
Above Grade Finished Area 3768
Street Suffix Avenue
Below Grade Finished Area 645
Fuel Natural Gas
Garage Square Feet 358
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Exterior
Fencing None
Parking Features Detached Concrete Heated Garage Paved
Water Source City Water/Connected
Lot Size Area 0.12
Lot Dimensions 50 x 103.5
Lot Size Units Square Feet
Foundation Area 1480
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2030
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

g.mar@kw.com

Email

Affordability Calculator

$8,598
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,893
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2024$1,130,000 Listed Price

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