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For Sale:  Minneapolis MLS# 6706545

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Active NEW!
$589,900
/mo Edit
Single Family:  More Than 2 Stories
7 br • 2 ba • Built 1912
3,607 sqft • 0.27 acres
Minneapolis schools
MLS# 6706545
763-576-8286
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    Property Description

    This outstanding Prospect Park property offers a rare opportunity for investors seeking a move-in-ready home with strong income potential. Situated on a quiet cul-de-sac and bordering a wooded area, the home features a spacious layout with an open-concept main floor, hardwood oak flooring, and abundant natural light. The large kitchen includes a walk-in pantry, and a substantial 2006 addition added four well-sized bedrooms, all with ample closet spaceâ??making it ideal for either long-term family tenants or short-term rental groups. The finished third floor offers additional living space with pine ceilings and new carpet installed in 2022, adding to the homeâ??s versatility and appeal. A brand-new boiler and roof were installed in 2023, ensuring updated infrastructure for low-maintenance ownership. There is also space to add 2 future full bathrooms! Located within walking distance to the University of Minnesota, light rail access, and an array of popular destinations including Malcolm Yards, Surly Brewing Co., and Oâ??Shaughnessy Distilling Co., this property is exceptionally well positioned for consistent rental demand. Whether youâ??re growing your portfolio or entering the Minneapolis market, this is a smart, turnkey investment in one of the cityâ??s most vibrant and connected neighborhoods. This home has been virtually staged to illustrate its potential.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $589,900
    Price per sq ft: $164
    Property Type: Single Family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1912
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55414
    Neighborhood/Area: Prospect Park - East River Road
    Subdivision Name: Eustis Park

    Interior

    Bedrooms: 7
    Bathrooms: 2
    Finished Area: 3,607 ft2
    Total Fireplaces: 0
    Living Area: 3,607 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Microwave
    • Refrigerator
    • Wall Oven
    • Washer
    Basement Details: Concrete

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 598 ft2
    Garage Door Height: 8
    Garage Door Width: 9
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 624 ft2
    Foundation Dimensions: 26x24
    Fencing: None
    Handicap Accessible: None
    Out Buildings: Workshop, Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Hot Water
    Parking Features:
    • Attached Garage
    • Concrete
    • Gravel
    • Insulated Garage
    • Tuckunder Garage
    Unit Amenities:
    • Cable
    • Ceiling Fan(s)
    • Ethernet Wired
    • Hardwood Floors
    • Kitchen Center Island
    • Kitchen Window
    • Natural Woodwork
    • Paneled Doors
    • Porch
    Road Frontage:
    • City Street
    • Cul De Sac
    Exterior Material:
    • Stucco
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: None
    Bathroom Details:
    • Main Floor 1/2 Bath
    • Upper Level Full Bath
    Dining/Kitchen:
    • Informal Dining Room
    • Kitchen/Dining Room
    Upper Level Size Sq Ft
    Bedroom 1  24 x 13  312 
    Bedroom 2  12.10 x 11  132 
    Bedroom 3  11 x 11.2  121 
    Bedroom 4  12.9 x 8.6  96 
    Bedroom 5  12.3 x 10.3  120 
    Bedroom 6  10.3 x 12.4  120 
    Guest Room  8.10 x 8  64 
    Office  8.6 x 9.10  72 
    Bonus Room  31 x 25  775 
    Third Level Size Sq Ft
    Family Room  31 x 25  775 
    Main Level Size Sq Ft
    Living Room  13.6 x 14  182 
    Dining Room  14.2 x 13.5  182 
    Kitchen  16 x 11.2  176 
    Laundry  7.8 x 14.2  98 

    Lot & Land

    Acres: 0.27
    Geolocation: 44.970287, -93.21018
    Lot Dimensions: 60 x 200 appro x
    Restrictions: None
    Zoning: Residential-Single Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,451
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,451
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

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