Minnetonka, MN 55343,12928 Excelsior BLVD
Minnetonka, MN 55343,12928 Excelsior BLVD
Minnetonka, MN 55343,12928 Excelsior BLVD
44
$608,400
$579,000
5.1%
Est.Price: ?

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2,629 SqFt

12928 Excelsior BLVD Minnetonka, MN 55343

Est. payment /mo
SOLD DATE : 10/10/2024

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Key Details

Sold Price $608,400

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 2,629 sqft

Price per Sqft $231

Subdivision Registered Land Surv #184 Tr E

MLS Listing ID 6581341

Sold Date 10/10/24

Year Built 1952

Annual Tax Amount $5,761

Tax Year 2023

Contingent None

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 86x196

Property Description

Rare opportunity to own a duplex in the highly sought-after Minnetonka area! This turn-key property offers the perfect blend of investment potential and prime location. Situated on a large lot, it provides easy access to local amenities, shopping, and dining. Featuring 2 bedrooms and 2 bathrooms in each unit, a two stall garage and an added 400 finished square feet above the garage to rent out separately (estimated additional $500/mo). One unit currently leased at $1,900/mo. 2nd unit previously rented at $2,215/mo. Tons of quality updates including a new roof (2021), two new furnaces, AC unit, washer and dryer machines, and dishwasher all in 2023. Although this duplex is turn-key and ready to rent, it boasts the option to value-add with the ability to finish out basements and add egress windows, increasing finished square feet and rental income. Enjoy the advantage of rental income while living in one of Minnesota's most desirable suburbs.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Partially Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached, Gravel, Shared Driveway, Garage Door Opener

Garage Spaces 2.0

Roof Type Age 8 Years or Less

Building

Lot Description Tree Coverage - Medium

Story One

Foundation 1494

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick/Stone,Wood Siding

New Construction false

Schools

School District Hopkins

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Listed by Jamie Bolinger • Rize Realty

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agent

J B

Real Estate Adviser | License ID: 40713539

+1(612) 607-3999

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