For Sale: Minneapolis MLS# 7103611
Active
NEW!
$900,000
Multi-family: Triplex
9 br • 6 ba • Built 2022
5,400 sqft • 0.14 acres
Minneapolis schools
MLS# 7103611
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Property Description
Rare opportunity to own a newly built (2022) triplex in the heart of South Minneapolis! This hard-to-find property features three spacious units, each offering 3 bedrooms, 2 full bathrooms, an open-concept layout, and a beautifully designed kitchen with granite countertops and stainless steel appliances. One unit is currently rented, providing immediate rental income, while the remaining units offer excellent flexibility for an owner-occupant or investor. Live in one unit and let the rental income from the other two help pay your mortgage, or maximize your investment by leasing all three units. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this is an outstanding opportunity to build wealth through real estate. Don't miss your chance to own this exceptional income-producing property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$900,000
Price per sq ft:
$167
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
2022
State:
MN
Property Style:
Triplex
Zip Code:
55407
Neighborhood/Area:
16
Subdivision Name:
Minnehaha Add
Interior
Bedrooms:
9
Bathrooms:
6
Finished Area:
5,400 ft2
Living Area:
5,400 ft2
Refrigerators:
Three
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
470 ft2
Foundation Size:
1,800 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
- Concrete
- Frame
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.14
Geolocation:
44.944567, -93.244084
Lot Dimensions:
100 x 62
Zoning:
Residential-Multi-Family
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:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,127
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,617
Income
Annual Gross Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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!
Listing provided by RMLS,
courtesy of Real Estate Corners, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.