Property Description

Potential opportunity to assume the existing FHA loan at a current interest rate of ~ 2.25%, subject to lender approval and buyer qualification! This spacious up/down duplex offers three bedrooms in each unit, a sizable lot, a tremendous backyard, a large detached two-stall garage, ample parking, and fantastic upgrades. It is ideally located just a handful of blocks from the Stone Arch Bridge, Saint Anthony Main, Downtown Minneapolis, and the University of Minnesota. The lower unit is currently vacant while the upper unit is leased, offering flexibility for an investor or the option for an owner-occupant. Both units feature new LVP flooring, paint, and light fixtures. The upper unit also has a washer/dryer! Additional updates include automatic garage doors, a new roof on the home and garage (2024), and new A/C (2025). There is also a fantastic and large exterior storage shed located in the backyard! With six total bedrooms, a private front porch for the lower unit, a rare two stall garage, ample parking, outdoor space, and an exceptional location, this is a truly rare investment property in Marcy Holmes.

Property Features

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