Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Active

$424,900

($94,125 down)
FHA

904 9th Avenue SE, Minneapolis, MN 55414

N/A
N/A
2,376 sqft
PITI Monthly
$2,419.84 /mo

Listing courtesy of: , Chestnut Realty Inc

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,472 /mo
$2,407 /mo

What's Special

LOCATION
SHOPPING
DINING
RENOVATED
INVESTMENT OPPORTUNITY

ASSUMABLE LOAN AT 2.5%!!! Incredible Investment Opportunity! Very Clean Duplex in an Excellent Minneapolis Location, Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The The Upper Level is Being Held Vacant to Facilitate Showings and Allow for a Potential Owner Occupant to Assume the Existing FHA Loan! Updates on the Upper Level Include New Carpeting 3 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,419.84/mo
Estimated Loan Balance
$332,149
Cash to close
$94,125
Interest Paid
$34,106

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Radiant
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Privacy, Wood
Roof
  • Roof: Architectural Shingle, Asphalt, Pitched
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Vinyl Siding
  • Roof: Architectural Shingle, Asphalt, Pitched
Condition
  • Year Built: 1990
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Clara E Fuller Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $178.83
  • Tax Annual Amount: $6543
  • On Market Date: 2024-12-10T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $94,125 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $94,125!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$330,775
Your Cash$94,125
Total Purchase Price:$424,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,472/mo
Traditional @ 7.5%
$2,497/mo
You save $1,025/month ($12,299/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6638710

Listing From: northstar

Last updated: 2025-03-07T19:01:04.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,472 /mo
$2,407 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $94,125 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $94,125!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$330,775
Your Cash$94,125
Total Purchase Price:$424,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,472/mo
Traditional @ 7.5%
$2,497/mo
You save $1,025/month ($12,299/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.