$395,000
$415,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
3,714 SqFt
SOLD DATE : 06/28/2019
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,714 sqft
Price per Sqft $106
Subdivision Wallace Nicollet 55Th St Add
MLS Listing ID 5222337
Sold Date 06/28/19
Year Built 1952
Annual Tax Amount $7,744
Tax Year 2019
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45x126
Property Description
Welcome to this exceptional property in Southwest Minneapolis. This traditional up and down
duplex offers an opportunity for both investors and owner occupants alike. The current owner
installed all new windows, new concrete walkway, added 2 story back deck, & separate laundry in
units. The main floor 4 bedroom unit is currently vacant and ready for your cosmetic
improvements. The long term tenants just moved out this Spring and this unit will rent for top
dollar. The upper level 2 bedroom unit is charming and currently rented on a month to month lease
with exceptional long term renters. The detached 4 car garage is virtually unheard of in a property
like this and offers additional rental income opportunities. The location is ideal being directly on
the bus line, walking distance to coffee shops, restaurants and close to 2 grocery stores. And, the
property falls into the highly sought after Southwest High School District. This property is a must
see.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Detached
Garage Spaces 4.0
Roof Type Age Over 8 Years,Asphalt
Parking Type Detached
Building
Story Two
Foundation 1326
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Metal Siding,Vinyl Siding
New Construction false
Schools
School District Minneapolis
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