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Sold
$795,000  (list price)
$720,000
/mo   Edit
Multi-family:  Duplex Up and Down
Built 1921
4,850 sqft
Minneapolis schools
MLS# 5670612
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    Description:   Quality home & investment! This is a really nice condition duplex with a 3rd rentable unit that's ideal for a large extended family, a savvy “house hacker” or anyone else who wants to live in one unit & rent the other 2 to pay your mortgage. Each 2 br unit has a sunroom as well a family room that could also be a 3rd bedroom. This entire property has been well maintained & updated. It's extra clean & really shows the current owners care. Even the full basement is clean & dry with LOADS of storage space. The hot water boiler & 2 water heaters were installed new 10/18. Anderson windows throughout entire bldg. Exterior brick tuckpointing + other updates were also recently completed. Plus 4 car garage! Super cool location in this Whittier neighborhood that's just a block to Nicollet Ave & all the popular Eat Street restaurants & just a couple more blocks to the Institute of Arts. LOCATION! Move right in & you'll be glad you own this solid, low maintenance investment into the future.
    List Price: $795,000
    Sold Price: $720,000
    Sold Date: 05/14/2021
    Price per sqft: $164
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1921
    Neighborhood/Area: Whittier
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55404

    Interior

    Fin Sq Ft / Living Area: 4,850 sqft
    Above Ground Living: 4,850 sqft
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Full, Block

    Exterior

    Heating System: Hot Water
    Foundation Size: 2,028 sqft
    Shared Amenities: Patio
    Fencing: Wood, Privacy
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 4
    Roof Details: Asphalt, Pitched, Age Over 8 Years

    Rooms

    Shared Rooms: Community Room

    Lot

    Acres: 0.21
    Lot Description: Tree Coverage - Medium, Public Transit (w/in 6 blks)
    Latitude: 44.95778900
    Longitude: -93.28010400
    Lot Size Dim.: 55 X 165
    Dev/Complex Name: J T Blaisdells Rev Add
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $2,400
    Annual Insurance Expense: $3,330
    Annual Maintenance Expense: $1,800
    Annual Gross Expense: $10,400
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,700
    Tenant Expenses: Electricity, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $9,139
    Assessment Pending: No
    Taxes w/ Assessments: $9,139

    Income

    Annual Gross Income: $73,500
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: $2,400
    Unit 2 Monthly Rent: $2,400

    Unit

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Inside Track Realty.
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