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Pending
$340,000
/mo   Edit
MLS# 5331485
Multi-family
Built 1948
1,967 fin sqft
Minneapolis schools
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    Description:   Pleasant, comfortable duplex - 2 bedrooms each unit plus 5927 side has den and extra 3/4 bath in basement. Lovely woodwork and built-in book shelves in 5925 unit, hardwood floors, fireplaces. Windows replaced and insulation added phased of MAC improvements project. Some updating and improvement needs - will make terrific property. Excellent location.
    List Price: $340,000
    Price/sq ft: $173
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Side X Side
    Year Built: 1948
    Neighborhood/Area: Diamond Lake
    City: Minneapolis
    Zip Code: 55417

    Interior

    Fin Sq Ft / Living Area: 1,967 ft²
    Above Ground Living: 1,711 ft²
    Below Ground Living: 256 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full, Partial Finished, Concrete Block

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,711 ft²
    Shared Amenities: None
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Metal, Brick/Stone
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Age Over 8 Years

    Lot

    Acres: 0.14
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Light, City Bus (w/in 6 blks)
    Latitude: 44.89513000
    Longitude: -93.26244300
    Lot Size Dim.: 50 x 118
    Dev/Complex Name: Diamond Lake Terrace
    Zoning: Residential-Multi-Family

    Schools

    School District: 1 - Minneapolis
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $660
    Annual Fuel Expense: $948
    Annual Insurance Expense: $3,216
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $6,324
    Total Annual Expenses: $6,324
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,500
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Janitorial, Trash, Snow, Lawn
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,807
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,807

    Income

    Annual Gross Income: 9000.00
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: None
    Unit 2 Monthly Rent: $750

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: Yes
    Owner Occupied: Y
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Recommended Home Mortgage Professional

    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet