For Sale: New Hope MLS# 7012913
Active
NEW!
$625,000
Multi-family: Four Plex
7 br • 4 ba • Built 1963
3,300 sqft • 0.34 acres
MLS# 7012913
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Property Description
Rarely available turn-key 4 plex features 3 - 2 bed units and 1 - 1 bed unit! Fully occupied and ready for its next owner. Featuring many updates throughout, this is the opportunity you've been waiting for to add to your portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$625,000
Price per sq ft:
$189
Property Type:
Multi-family
City:
New Hope
Garage Spaces:
0
County:
Hennepin
Year Built:
1963
State:
MN
Property Style:
Four Plex
Zip Code:
55427
Subdivision Name:
Twin Terra Linda
Interior
Bedrooms:
7
Bathrooms:
4
Finished Area:
3,300 ft2
Living Area:
3,300 ft2
Refrigerators:
Four
Basement Details:
- Concrete
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Sump Basket
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,650 ft2
Fencing:
Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Paved Lot
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Brick
Pool:
None
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Laundry Room
- Lower Level
Lot & Land
Acres:
0.34
Geolocation:
45.00787, -93.384908
Lot Dimensions:
99 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
1271
District Phone:
7635048000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$2,160
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
$2,153
Annual Water/Sewer Expense:
$1,560
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,362
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,362
Income
Annual Gross Income:
$17,720
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Gold Group Realty, LLC.
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.