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1440 Lake Street NE, Hopkins, MN 55343

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For Sale

$555,000

8 beds • 3,080 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $180.19
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Side by side duplex Each side: 4 beds / 1 bathroom / 1 detached car garage Roof and mechanicals within 5 years One side vacant ready to owner-occupy, the other side leased until 4/30/26 (duplex is fully remodeled) Current Numbers: $1,875/mo (tenant pays directly to gas and electric providers) $7,385/yr taxes $1,615/yr insurance $2,262/yr utilities Pro Froma Numbers: 1st Unit - $2,300/mo (tenant pays directly to gas and electric providers) 2nd Unit - $2,300/mo (tenant pays directly to gas and electric providers) $7,667/yr taxes $2,000/yr insurance $2,262/yr utilities $1,700/yr repair budget $38,511 NOI (with 5% vacancy) 7% Cap Rate at $555k Owner is licensed agent in MN.
MLS# 6724179

Courtesy Of Savvy Avenue

(612) 490-1268

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 1440 Lake Street NE, Hopkins, MN 55343

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(952) 949-0263
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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