$649,900
For Sale

7 18th Avenue N

Hopkins, MN 55343
Listing OfficeColdwell Banker Realty
Browse 28 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

One-of-a-kind opportunity in booming downtown Hopkins! In fact, it's the first Hopkins fourplex to be offered on the MLS... EVER! The city is not aware of another fourplex in Hopkins. Truly an anomaly for the immediate area. Massive building with a large unfinished attic + huge basement with good ceiling height that offer interesting value add options. Extensive 2020 renovation. Gas & electric separately metered; four dedicated furnaces and water heaters. Tenants and owner-occupants alike will enjoy the unmatched Hopkins walkability + bikeability. A+ location with coveted proximity to Historic Mainstreet and Lake Minnetonka Regional Trail. Quick/easy access to Downtown Minneapolis. Award winning ISD 270! With development occurring everywhere you look on Mainstreet, here's your opportunity to plant your flag in this appreciating market! In an effort to make the sale as non-intrusive as possible for the current tenants: VACANT UNIT #3 AVAILABLE FOR SHOWINGS. Current lease details available upon request.

  • Property Details
      • Basement DescriptionBlock, Full, Storage Space, Unfinished
      • SubdivisionWest Minneapolis 3rd Div
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • Parcel Number2311722410157
      • Property TypeMulti-Family
      • HeatingForced Air
      • Property SubtypeQuadruplex
      • CountyHennepin
      • School DistrictHopkins
      • MLS #6637111
      • MLS #6637111
      • Taxes Annual$9,838
      • Cost649900
      • Square Feet4912
      • Year Built1930
      • Days on Market (Cumulative)44
      • Basement1
      • Basement Finished1

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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