Listing ID6378988
Sold For$325,000
StatusClosed
Sold Date7/03/2023
SqFt
2,016
Acres
0.120
CountyHennepin
SubdivisionRheems Add
Year Built1963
Property TypeResidential Income
Property Sub TypeDuplex Up and Down
Updated hard to find duplex. Well taken care of true up and down duplex. Check out the rent roll and cash flow!! Unit #1 ($1,800) and Unit #2 ($1,600). You wont find a better cash flowing property then this. Fully rented. Hard to find newer built duplex (1963). Large 3 bedroom 1 bathroom units with hardwood floors. Separate furnace and hot water heaters. Tenant pays own utilities. Coin operated laundry. Basement has space to add a 3rd unit. Parking. Many Updates. Easy to rent.
County
Hennepin
Property Sub Type
Duplex Up and Down
Property Type
Residential Income
Subdivision
Rheems Add
Year Built
1963
Above Grade Finished Area
2016
Basement
Daylight/Lookout Windows, Full, Shared Access, Unfinished
Heating
Forced Air
Levels
Two
Number of Ranges
Two
Number of Refrigerators
Two
Number Of Units Total
2
Construction Materials
Brick/Stone
Electric
Circuit Breakers
Foundation Area
1008
Fuel
Natural Gas
Lot Features
Corner Lot
Lot Size Dimensions
40X126
Lot Size Units
Acres
Neighborhood
Cleveland
Parking Features
Parking Lot
Sewer
City Sewer - In Street
Water Source
City Water - In Street
High School District
Minneapolis
Postal City
Minneapolis
Public Survey Range
24
Public Survey Section
08
Public Survey Township
29
School District Number
1
Zoning Description
Residential-Multi-Family
Accessibility Features
None
Down Payment Resource
Y
Rental License
no
Yearly/Seasonal
Yearly
Assessment Pending
No
Expenses
9000.0000
Gross Income
41000
Operating Expense
9000
Owner Pays
Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Tax Annual Amount
4198
Tax With Assessments
4198.0000
Tax Year
2022
Tenant Pays
Electricity, Gas
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