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$555,000
17 Days On Site
1440 Lake Street NEHopkins, MN 55343
For Sale|Duplex|Active
0
Beds
0
Total Baths
3,080
SqFt
$180
/SqFt
1950
Built
County:
Hennepin
Listing courtesy of Savvy Avenue, LLC
Call Now: 612-887-9716
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612-887-9716
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Side by side duplex Each side: 4 beds / 1 bathroom / 1 detached car garage Roof and mechanicals within 5 years One side vacant ready to owner-occupy, the other side leased until 4/30/26 (duplex is fully remodeled) Current Numbers: • $1,875/mo (tenant pays directly to gas and electric providers) • $7,385/yr taxes • $1,615/yr insurance • $2,262/yr utilities Pro Froma Numbers: • 1st Unit - $2,300/mo (tenant pays directly to gas and electric providers) • 2nd Unit - $2,300/mo (tenant pays directly to gas and electric providers) • $7,667/yr taxes • $2,000/yr insurance • $2,262/yr utilities • $1,700/yr repair budget • $38,511 NOI (with 5% vacancy) • 7% Cap Rate at $555k Owner is licensed agent in MN.
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Listing Snapshot
Price
$555,000
Days On Site
17 Days
Bedrooms
N/A
Inside Area (SqFt)
3,080 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1950
MLS® Number
6724179
Status
Active
Property Tax
$7,667
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Garage
Yes
Garage Spaces
2
Number Of Stories
1
Parking
DetachedAsphalt
Property Sub Type
Duplex
Sewer
Public Sewer
SqFt Above
1640
SqFt Below
1440
SqFt Total
3280
Stories
One
Water Source
Public
Interior Features
Basement
FinishedFullSump Pump
Heating
Natural GasForced Air
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Exterior Features
Construction Details
BlockVinyl Siding
Community Features
School District
Hopkins
Schools
School District
Hopkins
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Savvy Avenue, LLC
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northstar MLS.
Last checked: 2025-06-09 04:37 PM UTC
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northstar MLS.
Last checked: 2025-06-09 04:37 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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