$425,000
($235,082 down)1622 Washington Street NE, Minneapolis, MN 55413
PITI Monthly
Listing courtesy of: , Premier Choice Realty
Assumed Rate
3.2%
7.15%Principal & Interest
$1,095 /mo
$1,619 /moWhat's Special
Large Up/Down duplex in high-demand Minneapolis rental area! This spacious up/down duplex is located in a highly sought-after rental area in Minneapolis. It features a 2-car garage and off-street parking, making it convenient for residents and their guests. Separate utilities and in-unit washer and dryer provide added convenience and privacy for tenants. The partially fenced-in yard offers a private outdoor space for relaxation and entertainment. Investors and owner-occupants alike will appreciate the potential of this property, which can generate strong rental income or provide comfortable living arrangements. Key features include a 2-car garage and off-street parking, separate utilities, in-unit washer and dryers, partially fenced-in yard, located on the bus line, new windows, and remodeled upper unit bathroom. Schedule your showing today!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.2
Remaining Loan Term
19 years, 5 months
Monthly PITI
$1,892.1/mo
Estimated Loan Balance
$199,454
Cash to close
$235,082
Interest Paid
$37,300
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: Unknown
- Heating: Forced Air
Features
- Materials: Stucco
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Unknown
Exterior
Fencing
- Fencing: Partial
Roof
- Roof: Asphalt
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: No
- Carport Spaces:
Water
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type: Duplex Up and Down
- Architectural Style: Unknown
Materials
- Stucco
- Roof: Asphalt
Condition
- Year Built: 1900
Details
- Builder:
Community & HOA
Community
- Subdivision: Cutters Add
- Features: None
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial Details
- Price per Sqft: $175.19
- Tax Annual Amount: $5839
- On Market Date: 2025-04-23T00:00:00.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $235,082!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6708410
Listing From: northstar
Last updated: 2025-04-25T15:23:04.000Z
© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
3.2%
7.15%Principal & Interest
$1,095 /mo
$1,619 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $235,082!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
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