For Sale: Hopkins MLS# 7024148
Active
NEW!
$295,000
Condo/Townhome: Side x Side
2 br • 2 ba • Built 1999
1,329 sqft • 0.922 acres
Crandon schools
MLS# 7024148
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Property Description
Turnkey investment opportunity in Hopkins! 454 Willoughby Way W is currently leased with two years remaining on the lease - providing immediate, stable rental income from day one.
This two-bedroom, two-bath, three-level property offers a solid return in a high-demand rental location. The unit and all appliances have been recently updated, minimizing near-term capital expenses and enhancing tenant retention. The home features a functional layout and strong overall condition, making it a low-maintenance addition to any investment portfolio.
Conveniently located off of Hopkins Crossroads and near major highways, shopping, parks, and downtown Hopkins, the property benefits from consistent rental demand and long-term appreciation potential.
Secure predictable cash flow today with built-in upside for tomorrow - a smart buy-and-hold opportunity in a proven market!
Appliances and upgrades as follows: 2025 – Water softener, refrigerator, range, range hood, furnace, air conditioner, light fixtures, flooring on main level and stairs, garage door opener, toilets, entire unit painted, garbage disposal, general maintenance. 2026 – Hot water heater.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$295,000
Price per sq ft:
$222
Property Type:
Condo/Townhome
City:
Hopkins
Garage Spaces:
1
County:
Hennepin
Year Built:
1999
State:
MN
Property Style:
Side x Side
Zip Code:
55305
Subdivision Name:
Cic 0926 Ridgebury Condo
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,329 ft2
Total Fireplaces:
0
Living Area:
1,329 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
- Water Softener Owned
Basement Details:
- Partially Finished
- Storage Space
Exterior
Stories:
Three Level Split
Garage Spaces:
1
Garage Dimensions:
29x11
Garage Size:
360 ft2
Air Conditioning:
Central Air
Foundation Size:
1,812 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
- Secured
- Tuckunder Garage
Shared Amenities:
In-Ground Sprinkler System
Unit Amenities:
- Cable
- Ceiling Fan(s)
- Deck
- Indoor Sprinklers
- Paneled Doors
- Tile Floors
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- No Outlet/Dead End
- Paved Streets
- Sidewalks
Exterior Material:
- Block
- Frame
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
None
Bathroom Details:
- Main Floor 1/2 Bath
- Upper Level Full Bath
Dining/Kitchen:
- Breakfast Area
- Kitchen/Dining Room
Laundry:
- In Hall
- In Unit
- Laundry Closet
- Upper Level
- Washer Hookup
| Upper Level | Size | Sq Ft |
|---|---|---|
| Deck | 12 x 6 | 72 |
| Bedroom | 13 x 11 | 143 |
| Bedroom 2 | 13 x 10 | 130 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 14 x 9 | 126 |
| Kitchen | 13 x 9 | 117 |
| Living Room | 13 x 11 | 143 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Mud Room | 12 x 10 | 120 |
Lot & Land
Acres:
0.922
Geolocation:
44.976211, -93.420009
Lot Dimensions:
Common
Zoning:
Residential-Single Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
- Underground Utilities
- Zero Lot Line
Schools
School District:
1218
District Phone:
9529884000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,492
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,492
Association Fee Required:
Yes
Association Fee:
$589
Association Fee Frequency:
Monthly
Association Fee Includes:
- Cable TV
- Hazard Insurance
- Internet
- Lawn Care
- Maintenance Grounds
- Professional Mgmt
- Sanitation
- Sewer
- Snow Removal
- Water
Association Company:
First Services Residential
Association Company Number:
9522772700
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Lakes Sotheby's International Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.