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Sold
Sold
$369,900  (list price)
$353,000
/mo   Edit
MLS# 5251218
5933 Chicago Avenue
Minneapolis, MN 55417
Multi-family    Duplex Side X Side
Built 1948
1,710 fin sqft    0.14 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   5933 & 5935 Chicago Duplex. Fantastic opportunity to own this side by side Double Bungalow in the sought after Diamond Lake neighborhood of Minneapolis. Situated along beautiful tree-lined streets with sidewalks, the location offers convenient access to Crosstown, Airport, Mall of America, parks, lakes, trails, restaurants, short commute to downtown Minneapolis and so much more. Each unit features 2 bedrooms, 1 bath, coved ceilings, gleaming hardwood floors, and nice basements that are ready to be finished for additional living space. Property has MAC improvements and 2 car garage. Great investment or owner occupant property where you are able to rent, live or both.
    List Price: $369,900
    Sold Price: $353,000
    Sold Date: 08/15/2019
    Price/sq ft: $216
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Side X Side
    Year Built: 1948
    Neighborhood/Area: Diamond Lake
    City: Minneapolis
    Zip Code: 55417

    Interior

    Fin Sq Ft / Living Area: 1,710 ft²
    Above Ground Living: 1,710 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full, Day/Lookout Windows, Concrete Block, Unfinished

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,710 ft²
    Shared Amenities: None
    Fencing: None
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: No Stairs Internal
    Exterior Material: Vinyl, Brick/Stone
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Pitched

    Lot

    Acres: 0.14
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Light, City Bus (w/in 6 blks)
    Latitude: 44.89485500
    Longitude: -93.26244800
    Lot Size Dim.: 50x118
    Dev/Complex Name: Diamond Lake Terrace
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $1,200
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Trash
    Tenant Expenses: Electric, Fuel, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,920
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,920

    Income

    Annual Gross Income: 32040.00

    Rent

    Unit 1 Monthly Rent: $1,325
    Unit 2 Monthly Rent: $1,345

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Richard
    Smyth
    TruStone
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    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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