NOT LISTED FOR SALE

12928 Excelsior Blvd Hopkins, MN 55343

4 Beds
4 Baths
2,629 Sq Ft
0.33 Acres

Last Sold October 10, 2024

Last sale price $608,400 $231 Per Sq Ft

9 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Wood Siding
  • Hopkins Senior High School Rated A-
  • Many Trees
  • Grab Bar In Bathroom

About This Home

As of October 2024

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.

Last Agent to Sell the Property

Jamie Hall

Rize Realty Listed on: 08/06/2024

Last Buyer's Agent

Jennifer Azure

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,761

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 86x196
  • Many Trees
  • Additional Parcels

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Grab Bar In Bathroom
  • Forced Air Heating System

Community Details

  • 2 Units
  • Registered Land Surv #184 Tr E Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 2711722110029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,761

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: Grab Bars In Bathroom
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 2010
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Partially Finished
  • Living Area: 2629
  • Below Grade Finished Sq Ft: 619
  • Owner Pays: Sewer, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range
  • Number Of Fireplaces: 0
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom,Patio,Porch
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Covered,Enclosed,Patio,Porch,Rear Porch,Screened

Garage/Parking

  • Parking Features: Detached, Gravel, Shared Driveway, Garage Door Opener
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • Lot Size: 86x196
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 3620.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2711722110029
  • Tax Annual Amount: 5761
  • TaxWithAssessments: 5760.6000

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: Two

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $608,400 +5.1% $231 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $579,000 -- $220 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6581341

NorthstarMLS

APN: 27-117-22-11-0029