Multi-Family $ 495,000

505 Shadyside CIR

Hopkins, MN 55343

  • 2,753 SqFt
  • 7,405 Lot Size
  • 1968 Year Built
Exceptional Investment Opportunity in Hopkins, Minneapolis! Make Your Move Today!
Imagine owning this charming side-by-side duplex in the heart of Hopkins—a dream property that offers both the comforts of home and the promise of long-term financial growth. Each spacious unit spans over 1,300 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition.
Why This Property is Perfect for You:
• Live & Earn: Enjoy the flexibility of living in one unit while renting out the other, or maximize rental income by leasing both units to tenants at market rates.
• Expand Your Portfolio: Take advantage of the rare opportunity to purchase up to 7 similar units in this sought-after cul-de-sac location.
• Prime Location: Nestled in the desirable Hopkins area, these properties are close to top schools, parks, and everyday conveniences, ensuring steady tenant demand.
• Proven Success: With an impressive 14-year rental occupancy record, this property is a secure and stress-free investment you can count on.

Contact us now—your next great investment awaits!
Listed by Brian Leneweaver of First Select

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex Side by Side

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 753 sqft

    Price per Sqft $179

    Subdivision Meaths Add

    MLS Listing ID 6739628

    Year Built 1968

    Annual Tax Amount $8,176

    Tax Year 2024

    Contingent None

    Lot Size 7,405 Sqft

    Acres 0.17

    Lot Dimensions 75x100

    Property Sub-Type Duplex Side by Side

  • Location

    State MN

    County Hennepin

    Zoning Residential-Multi-Family

  • Rooms

    Basement Block, Full

  • Building

    Lot Description Some Trees

    Story Two

    Foundation 1200

    Sewer City Sewer/Connected

    Water City Water/Connected

    Level or Stories Two

    Structure Type Fiber Board

    New Construction false

  • Interior

    Heating Forced Air

    Fireplace No

  • Exterior

    Parking Features Detached, Asphalt

    Garage Spaces 2.0

    Roof Type Asphalt

  • Schools

    School District Hopkins

  • Others

    Virtual Tour https://my.matterport.com/show/?m=ZQKPZSfk7pj&mls=1

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CONTACT

Brian Leneweaver
Brian Leneweaver

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