Listing ID6380315
Sold For$556,000
StatusClosed
Sold Date8/04/2023
SqFt
3,332
Acres
0.120
CountyHennepin
SubdivisionHennepin Ave Add
Year Built1900
Property TypeResidential Income
Property Sub TypeDuplex Up and Down
Don't miss out on this great Duplex that is move in ready but it also has a ton of add value in the basement with a potential ADU or combine it with unit 1. In 2022 lots of the big ticket items were taken care of including splitting the electric and gas which allowed for the owner to install two new furnaces and add Central AC to both units. While doing this the seller ran a new gas line into the house. Trim and body of house and garage were scrapped and painted in 2023. This is available for an owner occupant come 10/01/2023. The property is located in a perfect spot to commute around town, to the airport and walking distance to the lakes. This would be a great Airbnb, Owner Occupied or straight investment. Potential appreciation play as the property is just a block away from places going for upwards of $1,000,000! Property was virtually staged to not interrupt tenants.
County
Hennepin
Property Sub Type
Duplex Up and Down
Property Type
Residential Income
Subdivision
Hennepin Ave Add
Year Built
1900
Above Grade Finished Area
2306
Basement
Unfinished
Below Grade Finished Area
1026
Heating
Forced Air
Levels
Two
Number of Ranges
Two
Number of Refrigerators
Two
Number Of Units Total
2
Construction Materials
Wood Siding
Electric
Circuit Breakers
Foundation Area
1026
Fuel
Electric,Natural Gas
Garage Dimensions
22x22
Garage Spaces
2
Garage Square Feet
484
Lot Size Dimensions
40x129
Lot Size Units
Acres
Neighborhood
East Isles
Parking Features
Detached, Concrete, Garage Door Opener
Road Frontage Type
City Street, Curbs
Roof
Age Over 8 Years, Asphalt
Sewer
City Sewer/Connected
Water Source
City Water/Connected
High School District
Minneapolis
Postal City
Minneapolis
Public Survey Range
24
Public Survey Section
33
Public Survey Township
29
School District Number
1
Zoning Description
Residential-Multi-Family
Accessibility Features
None
Down Payment Resource
Y
Rental License
yes
Yearly/Seasonal
Yearly
Assessment Pending
Unknown
Contingency
None
Gross Income
37728
Insurance Expense
2000
Owner Pays
Trash Collection, Water
Rental License Type
Standard
Tax Annual Amount
6560
Tax With Assessments
6560.2200
Tax Year
2022
Tenant Pays
Cable TV, Electricity, Gas, Grounds Care, Snow Removal
Trash Expense
1025
Water Sewer Expense
1025
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