Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $295,000
MLS#: 7024148
Current Price: $295,000
Address: 454 Willoughby Way W, Hopkins, MN 55305
City: Hopkins
State: MN
Postal Code: 55305
Geo Lat: 44.976211
Geo Lon: -93.420009
Subdivision: Cic 0926 Ridgebury Condo
County: Hennepin
Property Description
Year Built: 1999
Lot Size SqFt: 40075.2
Gen Tax: 3492
Specials Inst: 0
High School: Hopkins
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 1691
Style: Array
Total Bedrooms: 2
Total Bathrooms: 2
Total Full Baths: 1
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: