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Active NEW!
$495,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
2,380 sqft • 0.12 acres
Minneapolis schools
MLS# 7130258
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    Property Description

    This well kept duplex in the heart of quaint little Bryn Mawr. Tons of updates throughout with remodeled kitchens and professionally built new retaining wall, pavers and landscaping. Perfect for owner occupier buyer or investor with strong rental demand and low turn over. All original woodwork trim and hardwood floors throughout w/ 2 identical 2bed/1bath units. 2 Car garage, lots of storage in basement, great back yard, and upper level deck for grilling. Washer/dryer in basement and gas and electric utilities are separate. Each unit has a private rear deck and great tree cover for shade and some privacy. Recent updates in the last few years include: new sewer line to street, retaining wall (2022), new LL Fridge, new quartz counters in both units, regular yearly maintenance on boilers, new water heater (2018), and more!

    Listing

    Contingency: None
    Price per sq ft: $208
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55405
    Neighborhood/Area: 7

    Interior

    Living Area: 2,380 ft2
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 21x20
    Garage Size: 420 ft2
    Foundation Size: 1,190 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Detached Garage
    Road Frontage: City Street

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.973695, -93.311265
    Lot Dimensions: 40 x 128
    Lot Description:
    • Corner Lot
    • Tree Coverage - Medium

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,000
    Annual Maintenance Expense: $189
    Annual Trash Expense: $840
    Annual Water/Sewer Expense: $1,100

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,390
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,390

    Income

    Annual Gross Income: $39,827
    Misc. Annual Income: $600
    Misc. Monthly Income: $50

    Rent

    Annual Net Income: $34,798

    Units

    Total Units: 2

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