For Sale: Minneapolis MLS# 6684976
Active
$599,900
Multi-family: Four Plex
Built 1913
2,818 sqft • 0.15 acres
Minneapolis schools
MLS# 6684976
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Property Description
Recently updated, solid, income producing 4-plex in S Mpls. Big ticket items done - Lp Smart siding, 4 new high efficiency furnaces, central A/C for each unit, 100 amp electrical for each unit, new windows, sky light, roof, cement front porch, added heat in the basement & shared coin laundry. Unit updates include new light fixtures, appliances, new pantries & updated bathrooms. Preserved old world charm remains with HW floors & built-in buffets. Great location with easy access to the Midtown Greenway via the Bryant Ave Ramp and, highways I-35W and I-94. Building has a Front and back Porches with shared fenced-in Backyard. Off-street Parking. Unit can be made available for owner-occ. Current rents - Unit 1: $1, 080 expires 5/31/25 Unit 2: $1, 150 expires 9/30/24 Unit 3: $1, 000 M2M Unit 4: $1, 050 M2M
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,900
Price per sq ft:
$213
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1913
State:
MN
Property Style:
Four Plex
Zip Code:
55408
Neighborhood/Area:
Whittier
Subdivision Name:
Grovers Add
Interior
Finished Area:
2,818 ft2
Living Area:
2,818 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Block
- Storage Space
- Storage/Locker
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,721 ft2
Foundation Dimensions:
35x50
Fencing:
Chain Link, Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Asphalt
Shared Amenities:
- Coin-op Laundry Owned
- Common Laundry
- Porch
- Security
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
Exterior Material:
- Brick/Stone
- Fiber Cement
- Wood Siding
Roof Details:
Flat
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.15
Geolocation:
44.952577, -93.286432
Lot Dimensions:
50 x 129
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,500
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,684
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,684
Income
Annual Gross Income:
$51,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Verde Real Estate Group.
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.